Eurasia / Tech
AI consuming more electricity than Kyrgyzstan, conference hears
"Voracious" power appetite of algorithms risks turning humans into "energy slaves", digital forum told.
Armenia introduces first crypto regulation framework to address sector risks
New legislation intended to protect consumers and attract international investors to the sector, says Finance Minister Vahe Hovhannisyan.
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Tajikistan aspires to be an AI development hub
Magical thinking from a parallel universe.
Uzbekistan to acquire ANKA combat drones from Turkey
News comes as US defence contractor CEO urges Elon Musk to help battle Turkish dominance on world UAV market by ending sluggish bureaucracy.
China’s satellite internet provider Spacesail sets up in Kazakhstan
"Mega-constellation" company emerging as potential rival to Elon Musk's Starlink.
Uzbekistan privatises HUMO, Paynet succeeds with $65mn bid
National Interbank Processing Centre sold to highest bidder.
NEO: Why pick-up points for online orders are gaining popularity vs. home delivery
The share of European consumers preferring home delivery for online orders dropped from 73% to 64% over the past year, according to a Last Mile Experts study.
Central Asia emerges as new e-commerce hub
The Central Asian region, encompassing five countries with a combined population of 75mn — Kazakhstan, Uzbekistan, Kyrgyzstan, Tajikistan, and Turkmenistan — is poised for an e-commerce boom.
Azerbaijan trades barbs with French and US diplomats in online "Twiplomacy"
Azerbaijani foreign ministry spokesperson Aykhan Hajizada calls France a "failed state" and slams US "hypocrisy" in heated exchanges on X.
Uzbekistan’s first unicorn Uzum to launch a second funding round and fuel faster growth
Uzum is Uzbekistan’s leading tech giant and has doubled in size since its launch in 2022. It already raised $144mn this year, giving it a valuation of over $1bn that makes it the country’s first ever unicorn, and now will go for a second round.
Kyrgyzstan: MPs seem willing to give police a free hand
Critics say introduced bill marks a step towards a police state.