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Kazakh President Kassym-Jomart Tokayev invited Chinese technology companies to expand investment in Kazakhstan during a business roundtable in Shanghai on 16 July, promoting the country as a regional hub for artificial intelligence and digital infrastructure.
Speaking ahead of the World Artificial Intelligence Conference (WAIC), Tokayev said Kazakhstan aims to build long-term partnerships that go beyond capital investment to include technology transfer, research and innovation.
Highlighting AI as a key pillar of future economic growth, Tokayev unveiled several flagship projects designed to attract global technology companies. Among them is the Data Centre Valley initiative in Ekibastuz, which is expected to become a regional hub for hyperscale data centres, cloud computing and AI infrastructure.
He also highlighted the development of Alatau, a new smart city being built under a Digital by Default concept. The project will feature intelligent transport systems, digital payments, energy-efficient infrastructure and a regulatory framework supporting blockchain and digital assets.
"I am confident that Alatau will become a new centre of talent, technology, and investment in Eurasia in the future," Tokayev said.
Tokayev said bilateral trade between Kazakhstan and China reached a record $49 billion last year, while cumulative Chinese investment in Kazakhstan has exceeded $30 billion.
He noted that more than 8,500 companies with Chinese participation operate in Kazakhstan and highlighted ongoing joint projects in petrochemicals, automotive manufacturing, textiles and food processing.
The president also called for deeper cooperation in transport and logistics, saying Kazakhstan aims to strengthen its role as a key land bridge linking China with Central Asia, the Caucasus, the Middle East and Europe.
He added that the country is developing the Smart Cargo digital platform to integrate customs, logistics and commercial services into a single transport ecosystem.
Agriculture also featured prominently in Tokayev's address, with the president highlighting the growing use of artificial intelligence, drones, satellite monitoring and precision farming technologies to boost agricultural productivity.
He said Kazakhstan is developing a national digital traceability system for agricultural products as part of its ambition to become Central Asia's leading agri-industrial hub.
During the working visit to Shanghai, Kazakhstan and China signed more than 70 commercial agreements worth over $15 billion, covering artificial intelligence, digitalisation, transport infrastructure, finance, the agro-industrial sector, mechanical engineering and other high-tech industries.
Rescuers in Nepal used helicopters on Thursday to scour for hundreds still missing after a wall of mud and rock collapsed into a river on the Himalayan border with China's Tibet, sending catastrophic floods through towns and valleys, killing 162 people.
Secretary of State Marco Rubio told allied foreign ministers Washington will focus on sanctions and other pressure on Iran “for the time being”, Axios reports. Meanwhile, Iran and Oman have resumed talks on a temporary shipping route through the Strait of Hormuz.
Iranian President Masoud Pezeshkian has called for greater economic cooperation among Muslim countries, saying their combined economic weight remains disproportionately small compared with their population, strategic location and resources.
Kremlin Spokesperson Dmitry Peskov has dismissed media reports that CIA Director John Ratcliffe visited Moscow earlier this week to warn Russia against attacking NATO, dismissing them as "scare stories," which had nothing to do with reality.
Russia and Ukraine have exchanged 10 prisoners of war each in Belarus, Moscow's Human Rights Commissioner, Yana Lantratova, has said.
A humanoid robot developed by Chinese smartphone maker Honor has run 100 metres in 9.32 seconds, beating Usain Bolt's men's world record of 9.58 seconds, China's state broadcaster reported on Saturday.
An artificial intelligence agent running an experimental store in San Francisco has recommended dismissing a human employee after the worker repeatedly arrived late for shifts.
Nvidia is teaming up with some of the biggest names in global finance in a move that underscores how artificial intelligence is rapidly becoming one of the world's most sought-after investment themes.
Parts of Europe and the Arctic will briefly fall into darkness on Wednesday, 12 August, as the Moon passes between Earth and the Sun in a total solar eclipse.
Meta said one of its AI models hacked another company's systems during cybersecurity testing, intensifying concerns about how developers can contain increasingly capable AI systems following similar incidents involving Anthropic and OpenAI.
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