VEON’s Kyivstar Launches GenAI Lab with Amazon Web Services (AWS) to Drive Business Innovation and Support Ukraine’s Economic Recovery
VEON (Nasdaq: VEON) announces that its subsidiary Kyivstar is launching a generative AI lab in partnership with Amazon Web Services (AWS). The initiative aims to help Ukrainian enterprises implement AI technologies to enhance business processes and support economic recovery. The lab will provide AI services including text and visual content generation, chatbots, and virtual assistants.
This partnership extends their December 2023 collaboration focusing on cloud migration and cybersecurity. As part of VEON's commitment to Ukraine's recovery, the company has announced a USD 1 billion investment plan for 2023-2027, increased from the previous USD 600 million, to fund network expansion, digital services, acquisitions, and social initiatives.
VEON (Nasdaq: VEON) annuncia che la sua filiale Kyivstar sta lanciando un laboratorio di intelligenza artificiale generativa in collaborazione con Amazon Web Services (AWS). L'iniziativa mira ad aiutare le imprese ucraine nell'implementazione delle tecnologie AI per migliorare i processi aziendali e supportare la ripresa economica. Il laboratorio fornirà servizi di intelligenza artificiale, tra cui generazione di contenuti testuali e visivi, chatbot e assistenti virtuali.
Questa partnership estende la loro collaborazione di dicembre 2023, focalizzata sulla migrazione verso il cloud e sulla cybersecurity. Nell'ambito dell'impegno di VEON per la ripresa dell'Ucraina, l'azienda ha annunciato un piano di investimento di 1 miliardo di USD per il periodo 2023-2027, aumentato rispetto ai precedenti 600 milioni di USD, per finanziare l'espansione della rete, i servizi digitali, le acquisizioni e le iniziative sociali.
VEON (Nasdaq: VEON) anuncia que su filial Kyivstar está lanzando un laboratorio de inteligencia artificial generativa en asociación con Amazon Web Services (AWS). La iniciativa tiene como objetivo ayudar a las empresas ucranianas a implementar tecnologías de IA para mejorar los procesos comerciales y apoyar la recuperación económica. El laboratorio proporcionará servicios de IA, incluyendo generación de contenido textual y visual, chatbots y asistentes virtuales.
Esta asociación amplía su colaboración de diciembre de 2023, centrada en la migración a la nube y la ciberseguridad. Como parte del compromiso de VEON con la recuperación de Ucrania, la empresa ha anunciado un plan de inversión de 1.000 millones de USD para 2023-2027, aumentando desde los anteriores 600 millones de USD, para financiar la expansión de la red, los servicios digitales, adquisiciones e iniciativas sociales.
VEON (Nasdaq: VEON)은 자회사인 Kyivstar가 Amazon Web Services (AWS)와 협력하여 생성적 인공지능 연구소를 출범한다고 발표했습니다. 이 이니셔티브는 우크라이나 기업들이 비즈니스 프로세스를 개선하고 경제 회복을 지원하기 위해 인공지능 기술을 구현할 수 있도록 돕는 것을 목표로 하고 있습니다. 연구소는 텍스트 및 시각 콘텐츠 생성, 챗봇, 가상 비서 등의 인공지능 서비스를 제공합니다.
이번 파트너십은 2023년 12월의 클라우드 이전 및 사이버 보안에 초점을 맞춘 협력을 확장합니다. VEON이 우크라이나 회복을 위한 약속의 일환으로 2023-2027년에 10억 달러 투자 계획을 발표했으며, 이는 이전의 6억 달러에서 늘어난 금액으로, 네트워크 확장, 디지털 서비스, 인수 및 사회적 이니셔티브에 자금을 지원할 것입니다.
VEON (Nasdaq: VEON) annonce que sa filiale Kyivstar lance un laboratoire d'IA générative en partenariat avec Amazon Web Services (AWS). L'initiative vise à aider les entreprises ukrainiennes à mettre en œuvre des technologies d'IA pour améliorer les processus commerciaux et soutenir la reprise économique. Le laboratoire fournira des services d'IA, y compris la génération de contenu textuel et visuel, des chatbots et des assistants virtuels.
Ce partenariat prolonge leur collaboration de décembre 2023 axée sur la migration vers le cloud et la cybersécurité. Dans le cadre de l'engagement de VEON envers la reprise de l'Ukraine, la société a annoncé un plan d'investissement de 1 milliard USD pour 2023-2027, en hausse par rapport à l'ancien montant de 600 millions USD, afin de financer l'expansion du réseau, les services numériques, les acquisitions et les initiatives sociales.
VEON (Nasdaq: VEON) gibt bekannt, dass seine Tochtergesellschaft Kyivstar ein Labor für generative KI in Partnerschaft mit Amazon Web Services (AWS) eröffnet. Die Initiative zielt darauf ab, ukrainischen Unternehmen bei der Implementierung von KI-Technologien zu helfen, um Geschäftsprozesse zu optimieren und die wirtschaftliche Erholung zu unterstützen. Das Labor wird KI-Dienste bereitstellen, darunter die Generierung von Text- und visuellen Inhalten, Chatbots und virtuelle Assistenten.
Diese Partnerschaft erweitert ihre Zusammenarbeit von Dezember 2023, die sich auf Cloud-Migration und Cybersicherheit konzentriert. Im Rahmen des Engagements von VEON für die Erholung der Ukraine hat das Unternehmen einen Investitionsplan von 1 Milliarde USD für 2023-2027 angekündigt, der von zuvor 600 Millionen USD erhöht wurde, um den Ausbau des Netzwerks, digitale Dienste, Akquisitionen und soziale Initiativen zu finanzieren.
- Partnership with major tech player AWS for AI services development
- Increased investment commitment from $600M to $1B over 2023-2027
- Expansion into international markets with cloud and analytics services
- Recognition as top international investor in Ukraine (2022-2023)
- None.
Insights
The launch of a GenAI lab in partnership with AWS represents a strategic technological advancement for VEON's subsidiary Kyivstar. The initiative goes beyond typical cloud services by focusing on practical AI implementation, including text generation, visual content creation and intelligent chatbots. The lab's establishment, coupled with the expanded
The partnership's focus on enterprise solutions and cloud migration services indicates a clear path to revenue generation. By leveraging AWS's infrastructure and Kyivstar's local market presence, the company is building a sustainable competitive advantage in Ukraine's growing tech sector. The emphasis on cybersecurity and data management demonstrates a comprehensive approach to digital transformation that addresses critical business needs.
Amsterdam, Dubai and Kyiv, 02 December 2024 – VEON Ltd. (Nasdaq: VEON), a global digital operator (“VEON” or the “Company”), announces the launch of a generative AI lab by Kyivstar in partnership with Amazon Web Services (AWS). This initiative will help Ukrainian enterprises introduce AI technologies with the aim to enhance business processes and contribute to the country’s long-term economic recovery.
Harnessing the power of AWS cloud solutions, the new lab will deliver AI services, such as text and visual content generation, augmented intelligence-based chatbots, virtual assistants, and more. These tools will help to enhance operational efficiencies for Ukrainian businesses, create competitive advantages and support long-term growth.
“Generative AI has the potential to be a transformative force for the efficiency and competitiveness of Ukraine’s enterprises. It will also play a pivotal role in driving economic growth as part of Ukraine’s long-term recovery,” said Oleksandr Komarov, CEO of Kyivstar. “Our successful partnership with AWS has bolstered our expertise in data processing and analysis. The launch of this generative AI lab represents the next step in delivering innovative augmented intelligence and cloud services to our business customers.”
In addition to serving Ukrainian enterprises, Kyivstar and Kyivstar Tech will also offer services like cloud migration and analytics to international markets, building up Ukraine’s technology export capacity.
This partnership builds on the December 2023 collaboration between Kyivstar and AWS, which focused on accelerating cloud migration, enhancing data storage solutions, and strengthening cybersecurity in addition to the migration of Kyivstar’s own data management platform to the AWS cloud.
As part of its commitment to Ukraine’s recovery, VEON and Kyivstar recently announced a five-year (2023–2027), USD 1 billion investment plan at the Ukraine Recovery Conference in Berlin. This significant increase from the previously announced USD 600 million will fund network and digital service expansion, potential acquisitions, social initiatives, and partnerships. Kyivstar was recognized as the top international investor in Ukraine in 2022 and 2023 by Forbes Ukraine and New Voice of Ukraine.
About Kyivstar
Kyivstar is the largest telecoms operator in Ukraine with over 23 million mobile subscribers and over 1 million home internet subscribers. As Ukraine’s market-leading operator, the company has maintained network availability of above
About VEON
VEON is a Nasdaq-listed digital operator that provides converged connectivity and digital services to nearly 160 million customers. Operating across six countries that are home to more than
Disclaimer
This release contains “forward-looking statements”, as the phrase is defined in Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Forward-looking statements are not historical facts, and include statements relating to, among other things, VEON’s investment plans, digital products, business plans and commercial partnerships. Forward-looking statements are inherently subject to risks and uncertainties, many of which VEON cannot predict with accuracy and some of which VEON might not even anticipate. The forward-looking statements contained in this release speak only as of the date of this release. VEON does not undertake to publicly update, except as required by U.S. federal securities laws, any forward-looking statement to reflect events or circumstances after such dates or to reflect the occurrence of unanticipated events.
Contact Information
VEON
Hande Asik
Group Director of Communication
pr@veon.com
MHP Group
Julian Tanner
Julian.Tanner@mhpgroup.com
FAQ
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