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Stock impact report

Kazakh Language Gets its National LLM with a Groundbreaking Partnership of Kazakh Research Institutions and VEON’s QazCode

VEON Ltd. - American Depositary Shares (VEON) 
US:NASDAQ Investor Relations: veon.com/investor-relations
Company Research Source: GlobeNewswire
Dubai, Amsterdam and Astana, 11 December 2024: VEON Ltd. (Nasdaq: VEON), a global digital operator, is pleased to note the launch of an open-source Kazakh-language large language model (Kaz-LLM), developed by a consortium coordinated by the Ministry of Digital, Innovations, and Aerospace Industry of the Republic of Kazakhstan. The development of Kaz-LLM was led by the Institute of Smart Systems and Artificial Intelligence at the Nazarbayev University (ISSAI NU) of Kazakhstan, in partnership with VEON’s QazCode, Beeline Kazakhstan and the Astana Hub. With over 150 billion tokens collected, curated, synthesized and translated, the Kaz-LLM is capable of interacting in Kazakh language as well as in Turkish, English and Russian. With an 8 billion and a 70 billion parameter versions, the Kaz-LLM, developed in Kazakhstan, will help accelerate the creation and adoption of AI-powered products and services in the country. The model has been published on the Hugging Face platform for developer Show less Read more
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