VEON Partners with MeetKai to Develop AI Services for 150 Million Users
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 25 2025
0mins
Source: Newsfilter
- Strategic Cooperation Agreement: VEON's software company QazCode has signed a strategic cooperation agreement with MeetKai to develop and train next-generation large language models, aiming to deploy local-language AI services for 150 million users across VEON's operating markets, enhancing cultural relevance in digital services.
- Localized AI Capabilities: This partnership is designed to accelerate the establishment of nationally governed AI capabilities, ensuring that the training, hosting, and deployment of AI models comply with domestic regulatory and data sovereignty requirements, thereby strengthening VEON's competitive position in Central and South Asia.
- Multi-Sector Application Prospects: The new generation of AI services is expected to span education, healthcare, agritech, public services, and enterprise productivity, driving digital transformation and business growth for VEON in these markets.
- Cultural Adaptation: QazCode will collaborate with VEON's local teams to ensure that each deployed model and AI agent reflects the languages, histories, and cultural norms of each nation, thereby enhancing user experience and promoting digital development within local communities.
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Analyst Views on VEON
Wall Street analysts forecast VEON stock price to rise
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 50.490
Low
75.00
Averages
87.50
High
100.00
Current: 50.490
Low
75.00
Averages
87.50
High
100.00
About VEON
VEON Ltd is a United Arab Emirates-based digital telecommunications operator providing connectivity and internet services to both individual and corporate customers across multiple markets. The Company delivers a comprehensive range of mobile and fixed‑line telecommunications services, leveraging traditional networks as well as broadband mobile technologies, and supports both prepaid and postpaid plans for consumer and enterprise segments. The Company’s mobile offerings include domestic and international roaming, value‑added services, wireless broadband, mobile financial services, and digital applications. Its fixed‑line services encompass voice and data communications, internet connectivity, data transmission, network access, domestic and international voice termination, and international transit services. In addition, the Company is engaged in the sale of telecommunications equipment, infrastructure, and related accessories.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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