Bagdat Musin: 70% of the supercomputer's capacity was purchased by Kaspi.kz The head of Kazakhtelecom told which companies also use its resources. 70% of the resources of the Kazakhtelecom supercomputer were acquired by the fintech holding Kaspi.kz for two years in advance. This was stated by the Chairman of the Board of Kazakhtelecom Bagdat Musin at the Kazakhstan Growth Forum'26 in Almaty, reports a correspondent of the business information center Kapital.kz. “The first to whom we provided the power of the Kazakhtelecom supercomputer was Kaspi.kz. The fintech holding immediately bought 70% of the supercomputer's capacity for two years in advance... That is, if corporations use GPUs (graphical processors that perform thousands of mathematical calculations simultaneously - Ed.) on an industrial scale, then they are really doing something (for digitalization - Ed.). If they say that it is expensive, they begin to compare prices with other technologies - this is no longer the same conversation,” said Bagdat Musin. “The first to whom we provided the power of the Kazakhtelecom supercomputer was Kaspi.kz. The fintech holding immediately bought 70% of the supercomputer's power for two years in advance... That is, if corporations use GPUs (graphical processing units that carry out thousands of mathematical calculations)
numbers at the same time - Ed.) on an industrial scale, which means they are really doing something (for digitalization - Ed.). If they say that it is expensive, they begin to compare prices with other technologies - this is no longer the same conversation,” said Bagdat Musin. He emphasized that the portfolio companies of the Samruk-Kazyna state fund also use the power of the supercomputer. “We see the level of utilization of the resources that Kaspi.kz takes from the supercomputer - it’s full. We have many companies of the Samruk-Kazyna fund, they also use their facilities to introduce AI innovations. We provide the head of the state fund with a snapshot of who and how much of his portfolio companies are utilizing the resources of the supercomputer. That is, who uses them to what extent or does not use GPU power at all,” he noted. “We see the level of utilization of the resources that Kaspi.kz takes from the supercomputer - it’s full. We have many companies of the Samruk-Kazyna fund, they also use their facilities to introduce AI innovations. We provide the head of the state fund with a snapshot of who and how much of his portfolio companies are utilizing the resources of the supercomputer. That is, who uses them to what extent or does not use GPU power at all,” noted
He. According to Bagdat Musin, the construction of data centers is designed not only for local, but also for global technology players. “We want to turn Kazakhstan into a technohub, where world-scale data centers will be located and information will be processed and tokens will be generated to serve the AI economy of the world,” summed up the head of the telecom company. “We want to turn Kazakhstan into a technohub, where world-scale data centers will be located and information will be processed and tokens will be generated to serve the AI economy of the world,” summed up the head of the telecom company. Let us recall that in October 2025, in Almaty, Kazakhtelecom launched the AI-Farabium supercomputer with a performance of 1.5 thousand petaflops, which became the second supercomputer in the country. Today it ranks 103rd among the most productive supercomputers in the world, while its computing power is utilized at 100%. Kazakhtelecom received equipment for its first supercomputer based on NVIDIA H200 graphics accelerators (Al-Farabium AI cluster) in June 2025. It was expected that it would become one of the most powerful in the region: the cluster is designed to strengthen the technological independence of Kazakhstan. Nowadays
Construction of new data centers is currently underway - it is planned to launch a supercomputer in the city of Kosshy, which will be three times more powerful than the one in Almaty. A pilot project “Valley of Data Centers” will be implemented in Ekibastuz. Plans were announced to attract about $30 billion in investments to the Data Center Valley. The first high-performance supercomputer cluster Alem.cloud in Central Asia was launched in Kazakhstan also in October 2025. It took 86th place in the ranking of the most powerful supercomputers in the world. Each map includes a plan for the implementation of AI solutions, socio-economic effects and KPIs until 2027. When working with materials from the Kapital.kz Business Information Center, only 30% of the text is allowed to be used with a mandatory hyperlink to the source. When using the full material, permission from the editor is required.
