💼 NVIDIA and TCV Increase Bet on Kazakhstan's AI
On October 23, during Jensen Huang's first visit to Astana, NVIDIA and TCV invested in the Series B extension of Kazakh startup Higgsfield. In August, it raised $400 million at a $5.4 billion valuation, and its platform generates images and videos for brands.
🌍 Inverse model: The Higgsfield team (300+ employees) first formed in the country, then GPUs arrived. Kazakhtelecom deployed 880 GPUs (400 H200 and 480 B300), and Firebird received a US license for 45,000 Grace Blackwell — an AI factory worth ~$5 billion, launching in Q3 2027.
👤 Higgsfield became the country's first AI unicorn: $1 billion in annual revenue — self-reported without audit. The new GPU hub between Europe and Asia can be tracked by the numbers: 880 GPUs are operational, 45,000 — by 2027.
Source 1: https://www.cnbc.com/2026/10/23/nvidia-huang-investment-kazakhstan-.html
Source 2: https://higgsfield.ai/blog/higgsfield-series-b-extension-tcv-nvidia