Report
SK Hyper in talks to fund $350 billion AI data center buildout
Bloomberg reports SK Hyper’s CEO estimates the first five-gigawatt phase would require $350 billion, including equipment.
TLDR
Bloomberg reports SK Hyper, SK Group’s data center arm, is in talks with tech firms and financial investors about funding its South Korean AI data center plan. CEO Chung Suk-geun said the company plans to build 15 gigawatts of capacity by 2035. He estimated the first five-gigawatt phase would require $350 billion, including equipment, and said investment would be paced to actual demand.
Combined views
25.5K
3 Sources, first seen ago
