The agreement tasks Veon with providing the financial backing and technical expertise required to build an AI-ready facility within the country. By housing this infrastructure locally, officials aim to reduce reliance on external providers and enhance the resilience of the nation’s digital services sector.
In section Market Quotes
Veon Partners With Ukraine to Develop AI Infrastructure
Kyivstar’s parent company, Veon, has signed a memorandum of understanding with the Ukrainian Ministry of Economy to construct a dedicated artificial-intelligence data center. This collaboration marks a strategic push to bolster the nation's technological sovereignty while integrating advanced computing power into its war-time digital economy.
Economy Minister Oleksii Sobolev described the move as a critical milestone for Ukraine’s economic stability. The collaboration focuses on creating a robust domestic environment where high-performance computing can flourish, theoretically attracting further investment into the local tech ecosystem despite ongoing geopolitical instability.
Comments (0)
No comments yet. Be the first!