SAI.TECH Announces the Signing of an MOU with Al-Farabi Kazakh National University to Advance Technological Education and AI Computing Power in Kazakhstan
June 28 2024 - 4:05PM
SAI.TECH Global Corporation (“SAI.TECH” or “SAI” or the “Company”)
(NASDAQ: SAI, SAITW), announces the signing of a Memorandum of
Understanding (MoU) with Al-Farabi Kazakh National University (the
"University") in the Republic of Kazakhstan. This collaboration
aims to bolster educational and scientific research initiatives in
the region.
The MoU signifies a collaborative effort between SAI.TECH and
the University spanning humanities, social sciences, and natural
sciences. It includes exchanges of faculty and administrative
staff, educational training programs for educators, and
opportunities for student exchanges at both undergraduate and
graduate levels, facilitating research internships and specialized
training.
At the core of this partnership is the establishment of joint
educational programs and curricula, including initiatives for
double diplomas, designed to enrich academic exchange and foster
collaboration between the two entities. Additionally, the
collaboration encompasses joint research projects, participation in
state and international grants, and the publication of scientific
materials in partner institutions’ periodicals.
This collaboration marks a significant milestone in SAI.TECH’s
expansion into Kazakhstan, leveraging its AI computing technology
and expertise in sustainable computing with distributed energy
solutions. SAI.TECH is committed to supporting the region’s
development in computing and beyond.
About Al-Farabi Kazakh National University
Al-Farabi Kazakh National University, also called KazNU or
KazGU, is a national research university located in Almaty,
Kazakhstan. Named after philosopher and scholar al-Farabi, it is
one of the country's largest universities. KazNU is Kazakhstan's
oldest classical university. It was established on November 13,
1933 by a resolution from the Soviet Communist Party's Kazakh
Regional Committee. In 2023, KazNU was ranked 150th in the world by
the QS World University Rankings.
About SAI.TECH
SAI.TECH is a Nasdaq-listed (SAI) sustainable distributed
bitcoin mining operator headquartered in Singapore. SAI’s mission
is to become a sustainable distributed digital asset mining
operator and heating supplier globally, while simultaneously
promote the clean transition of the bitcoin mining, power and
heating industries.
In May 2022, SAI became a publicly traded company under the new
ticker symbol “SAI” on the Nasdaq Stock Market (NASDAQ) through a
merger with TradeUP Global Corporation. For more information on
SAI.TECH, please visit https://sai.tech/.
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based on current expectations, beliefs and assumptions which are
subject to change at any time. SAI.TECH cautions that these
statements by their nature involve risks and uncertainties, and
actual results may differ materially depending on a variety of
important factors such as government and stock exchange
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conditions around the world including those discussed in SAI.TECH’s
Form 20-F under the headings “Risk Factors”, “Results of
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the Securities and Exchange Commission from time to time. All
forward-looking statements are applicable only as of the date it is
made and SAI.TECH specifically disclaims any obligation to maintain
or update the forward-looking information, whether of the nature
contained in this release or otherwise, in the future.
Media Contact
pr@sai.tech
Investor Relations Contact
ir@sai.tech
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