SK Hyper Co., the data center arm of #SKGroup , is in talks to secure financing for a major AI infrastructure buildout.
The company is targeting about $350 billion for the first 5-gigawatt phase of a broader plan to develop 15 gigawatts of data center capacity in South Korea by 2035. Discussions involve large technology firms and financial investors, with the goal of sharing construction costs with tenants and external partners.
The push comes amid a global race to expand AI computing capacity, even as markets remain sensitive to questions around demand and funding.
$SKHYB #AI #DataCenters #Infrastructure #CoinVahini
The company is targeting about $350 billion for the first 5-gigawatt phase of a broader plan to develop 15 gigawatts of data center capacity in South Korea by 2035. Discussions involve large technology firms and financial investors, with the goal of sharing construction costs with tenants and external partners.
The push comes amid a global race to expand AI computing capacity, even as markets remain sensitive to questions around demand and funding.
$SKHYB #AI #DataCenters #Infrastructure #CoinVahini