ASTANA, Kazakhstan, May 5. President of
Kazakhstan Kassym-Jomart Tokayev and Kai-Fu Lee, CEO of 01.AI and
founder of Sinovation Ventures, discussed prospects for further
cooperation and the implementation of joint initiatives in the
field of artificial intelligence, Trend reports via the press service of the
president.


Tokayev reaffirmed Kazakhstan’s commitment to building an
effective and results-oriented partnership in the AI sector.


In this context, particular interest was expressed in expanding
cooperation with 01.AI and Sinovation Ventures in several areas,
including educational initiatives and projects aimed at localizing
advanced competencies and developing a sustainable technological
ecosystem in Kazakhstan.







Meanwhile,the meeting took place on the sidelines of the second
meeting of the Artificial Intelligence Development Council held in
Almaty.


Sinovation Ventures is a Chinese technology venture capital
company founded in 2009. The firm manages ten USD- and
RMB-denominated funds with more than $3 billion in assets under
management and has backed over 500 portfolio companies in
technology and innovation sectors worldwide.