ChainCatcher report, according to Jin10, NVIDIA announced on Friday that it will partner with South Korea’s SK Group on an AI initiative valued at over $500 billion, encompassing the construction of large-scale AI data centers and next-generation memory technologies. The plan includes establishing a long-term partnership with SK Hynix to secure NVIDIA’s supply of next-generation memory and jointly develop high-bandwidth memory (HBM) for AI training, AI agents, and physical AI applications. SK Telecom plans to build an AI data center with a capacity of 2 gigawatts (GW), utilizing NVIDIA’s Vera Rubin chips and SK Hynix’s HBM4 high-bandwidth memory. The first facility is expected to be operational by 2027.
NVIDIA to Partner with South Korea's SK Group on $50 Billion AI Initiative
ChaincatcherShare
Summary
NVIDIA and South Korea’s SK Group are partnering on a $50 billion AI and crypto initiative, including AI data centers and next-generation memory technology. SK Hynix will co-develop high-bandwidth memory with NVIDIA for AI training and physical AI. SK Telecom plans to build a 2 GW AI data center using NVIDIA’s Vera Rubin chips and SK Hynix’s HBM4, with the first facility scheduled for 2027. On-chain developments indicate strong momentum as major players expand AI infrastructure and form strategic partnerships.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.