Central Eurasia's tech potential was highlighted at the Silicon Valley Conference
Billion-dollar tech companies with global market reach will emerge from Kazakhstan, Uzbekistan, the Kyrgyz Republic, Azerbaijan, Türkiye, Mongolia, Tajikistan, Turkmenistan, and Georgia in the next 10-15 years, said organizers of the Central Eurasia at Silicon Valley conference on Oct. 25 in San Francisco, the United States.
Organizers of the Silicon Valley event emphasized Central Eurasia's tech potential, noting its young population of 100 million, annual graduation of 200,000 STEM students, robust startup ecosystem, and growing presence in Silicon Valley.
The Silkroad Innovation Hub's first year saw 80 resident startups raise over $30 million, highlighting the region’s readiness for global recognition. Kazakhstan, representing half of the region’s GDP, boasts leading tech indices and the Astana Hub International IT Park. Kazakh Minister Zhaslan Madiyev noted strong local support for early-stage funding, though later-stage investment remains challenging, and highlighted AI’s potential $15 trillion impact by 2030, with Kazakhstan ranking fifth in government AI preparedness.
