| Mobile Web

Search results for Elice Group

AI & Enterprise

Elice shares whipsaw after listing, focus on differentiation from CoreWeave

Elice Group shares fell on their first day on the KOSDAQ then rebounded to the daily limit the next day, the Korea Exchange said. The company says it maintains a high operating profit margin by building infrastructure only after confirming customer demand. Its first-half revenue was 34.4 billion won and operating profit 10.3 billion won, with AI cloud accounting for most sales. Attention has also focused on financial strain at CoreWeave amid heavy borrowing and investment.

AI & Enterprise

Elice Group registers trademark for modular AI data center PMDC

Elice Group said on Wednesday it has completed trademark registration for its self-developed modular AI data center, PMDC. The company said it finished the registration on Sept. 17. PMDC is a modular AI data center designed in 2021, with key facilities such as servers and power, cooling and networking pre-fabricated at a factory and installed on site. It applies direct liquid cooling and hot-water cooling technologies.

AI & Enterprise

South Korean AI chip firms look to expand \'sovereign AI\' on AMD open ecosystem after Lisa Su meeting

AMD Chief Executive Lisa Su met South Korean AI chip companies to expand cooperation based on an open AI computing ecosystem. South Korea’s science ministry and AMD held a roundtable in Seoul to discuss building a heterogeneous computing ecosystem and combining AMD CPUs and GPUs with locally made AI chips. Officials and executives said demand is shifting toward inference, increasing interest in mixing GPUs and NPUs. The government plans large-scale reference projects to validate full-stack systems.