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AI, startups, tech and digital transformation — Kazakhstan & the world
On March 17, 2026, Meta expanded its deal with Nebius to $27 billion, securing access to AI infrastructure clusters. This comes as Nvidia GTC conference begins, discussing global AI prospects. Technology market grows 1.2% on Nasdaq 100 despite geopolitical risks.
Technology stocks rallied sharply on March 16, 2026, as inflation fears eased following a temporary decline in oil prices. The SPDR Select Sector Technology index rose nearly 2%, despite year-to-date losses due to doubts about the AI boom. This occurs amid a geopolitical crisis with the closure of the Strait of Hormuz, where Brent crude exceeded $100 per barrel, threatening global inflation.
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