| Mobile Web

Search results for PMDC

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

Elice Group chases IPO, targets global AI infrastructure market with Korean-style neo-cloud

Elice Group, a full-stack AI company, is pursuing an initial public offering to expand into the global AI infrastructure market with what it calls a Korean-style neo-cloud. It plans to convert 130 MW of secured power capacity into AI computing resources by building modular AI data centres in regions with spare electricity and boosting GPU utilisation with its own software. The company also aims to sell domestic AI computing resources to overseas customers and target a KOSDAQ listing in October.