MoUJun 26, 2026, 01:01 PM
Kyivstar, VEON, Ukraine Ministry Partner for AI Data Center
AI Summary
Kyivstar Group Ltd., along with VEON, announced the signing of a Memorandum of Understanding (MOU) with the Ministry of Economy of Ukraine. This strategic initiative aims to accelerate digital infrastructure development, foster scalable AI adoption, and support long-term economic growth in Ukraine. The collaboration includes exploring the establishment of a sovereign, AI-ready data center within Ukraine, enhancing technological sovereignty and attracting investment.
Key Highlights
- Kyivstar, VEON, and Ukraine's Ministry of Economy signed an MOU.
- The MOU aims to advance Ukraine's digital infrastructure and economy.
- Collaboration includes exploring a sovereign, AI-ready data center in Ukraine.
- The agreement was signed at the 2026 Ukraine Recovery Conference in Gdańsk.
- Kyivstar plans to fund investment within existing capital expenditure plans.
- VEON will support the project with financial backing and global expertise.
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