Investing.com -- VEON Ltd. (NASDAQ:VEON) stock rose 4.1% Tuesday after the global digital operator announced a strategic partnership with sovereign AI firm MeetKai to develop locally-governed artificial intelligence capabilities across its operating markets.
The collaboration aims to create and train next-generation large language models through VEON’s software company QazCode, enabling AI services in local languages across VEON’s footprint of Kazakhstan, Uzbekistan, Ukraine, Pakistan, and Bangladesh, serving over 150 million customers.
The partnership will focus on building AI foundations that respect data sovereignty while developing culturally fluent and linguistically inclusive AI systems operated within each country’s borders. This approach aligns with domestic regulatory requirements in VEON’s markets.
"AI is a critically important and pervasive technology, yet today most global resources are concentrated on a small number of widely spoken languages," said Oleksii Sharavar, CEO of QazCode. "VEON believes we have a responsibility to bring the benefits of augmented intelligence to the countries we serve."
The companies plan to develop AI-based digital services across education, healthcare, agriculture technology, public services, and enterprise productivity. These will include AI agents similar to QazCode’s Aventa, designed to operate across multiple languages and tailored to local community needs.
The initiative builds on QazCode’s previous work developing large language models for under-resourced languages, including KazLLM, the first Kazakh large language model.
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