AI & Enterprise
SK Square says AI investment results becoming visible, company value up to sevenfold
SK Square said on Feb. 23 it invested in U.S. company Hammerspace through its overseas investment unit TGC Square. It said it has invested a cumulative 30 billion won in seven AI and semiconductor technology firms in the United States and Japan and plans to expand related investments to 100 billion won. SK Square cited examples including D-Matrix, which it said rose to a valuation of at least $2 billion, and Tetramem, which it expects to more than double.