Search results for National AI Computing Center
AI & Enterprise
Groundbreaking held for national AI computing center in Haenam, aims for 2028 completion
South Korea has broken ground on its national AI computing center in Solarsido, Haenam, and begun full-scale construction, the Ministry of Science and ICT said on Sunday. The project will be built as a public-private joint venture combining public investment with private capital and data center operating capabilities. A Samsung SDS-led consortium was selected as the final operator and established a joint venture, KOACC. Some computing resources will be deployed next year ahead of completion in 2028.
AI & Enterprise
South Korea to invest over 200 trillion won in R&D by 2030, secure 260,000 GPUs
South Korea’s Ministry of Science and ICT said it finalised its Sixth Basic Plan for Science and Technology for 2026 to 2030 after approval by the National Science and Technology Advisory Council. The plan calls for investing more than 200 trillion won in government R&D over five years and spreading an AI shift across the country. It includes securing 260,000 public-private GPUs, building a sixth supercomputer and a national AI computing centre, and focusing over 60 trillion won on 10 strategic technology fields.
Finance
Look for winners from National Growth Fund as AI, bio and secondary batteries draw interest
South Korea’s National Growth Fund is stepping up support for sovereign AI, bio and secondary battery sectors, prompting investors to search for beneficiaries. The fund has approved 11 projects through April, with cumulative approvals of about 8.4 trillion won. Beneficiary candidates cited include POSCO Future M, Dong-A Socio Holdings, Foosung, Naver and Samsung SDS. Analysts said investors should check ownership ties, business links and actual inflows of funds.
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Telecommunications & Media
Vacant presidential office AI post raises questions over South Korea\'s national AI plans
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AI & Enterprise
Samsung SDS says cloud is biggest share of IT services revenue, to invest 10 trillion won by 2031
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AI & Enterprise
Govt GPU second-round bidding draws five contenders, Coupang re-entry in focus
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AI & Enterprise
Samsung SDS to partner with KKR, pursue physical AI and stablecoin businesses
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AI & Enterprise
Science ministry, Financial Services Commission hold joint meeting on \'K-Nvidia project\'
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AI & Enterprise
Samsung SDS consortium selected as preferred bidder for National AI Computing Center
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Finance
KB Financial completes arrangement for Sinan Ui offshore wind project, first National Growth Fund investment
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AI & Enterprise
NIPA steps up national AI infrastructure expansion, adds 15,000 GPUs
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AI & Enterprise
MSIT wraps up agency briefings, steps up public communication with live disclosure
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AI & Enterprise
Samsung SDS consortium makes first official site visit to national AI computing center