Bagdat Musin: Kaspi.kz bought 70% of supercomputer capacity

Fintech holding Kaspi.kz bought 70% of Kazakhtelecom's supercomputer resources for two years in advance. This was stated by the chairman of the board of "Kazakhtelecom" Bagdat Musin at the Kazakhstan Growth Forum'26 held in Almaty, Kapital.kz business information center reports. "We were one of the first to offer the power of the Kazakhtelecom supercomputer to Kaspi.kz. The fintech holding immediately pre-purchased 70% of supercomputer power for two years... That is, if corporations use GPUs (graphics processors that perform thousands of mathematical calculations simultaneously - Ed.) on an industrial scale, then they are really doing something for digitization. If they say that it is expensive and start comparing it with the price of other technologies, it is a different story," Bagdat Musin said. He noted that the portfolio companies of the "Samruk-Kazyna" National Welfare Fund also use the power of the supercomputer. "We see how much resources are used by Kaspi.kz supercomputer - their load has reached its limit. Many companies of the "Samruk-Kazyna" fund also use these capacities to implement IT innovations. We are national welfare

We provide information to the head of a hedge fund about which of his portfolio companies use supercomputer resources to what extent. That is, we will show how much power they use or do not use GPU power at all," he said. According to Baghdad Musin, the construction of data processing centers is aimed not only at local, but also global technology players. "We want to turn Kazakhstan into a technohub where world-class data processing centers are located, where information is processed and tokens are generated to serve the global IT economy," concluded the head of the telecommunications company. Recall that in October 2025, Kazakhtelecom launched the AI-Farabium supercomputer with a capacity of 1.5 thousand petaflops in Almaty. It was the second supercomputer in the country. Today, it ranks 103rd in the ranking of the world's most powerful supercomputers, and its computing power is 100% loaded. "Kazakhtelecom" received equipment for its first NVIDIA H200 graphics accelerator-based supercomputer (Al-Farabium AI-cluster) in June 2025. It is expected to become one of the most powerful supercomputers in the region. Cluster of Kazakhstan

aimed at strengthening technological independence. Currently, new information processing centers are being built. It is planned to launch a supercomputer three times more powerful than the supercomputer in Almaty in the city of Koschy. A pilot project "Valley of Data Processing Centers" will be implemented in Ekibastuz. It has been announced that it is planned to invest about 30 billion dollars in the field of data processing centers. The first high-performance Alem.cloud supercomputer cluster in Central Asia was launched in Kazakhstan in October 2025. It was ranked 86th in the ranking of the world's most powerful supercomputers.