Search results for data centres
Industry
SKC Q2 operating loss of 14.4 billion won narrows 79 percent year-on-year
SKC posted second-quarter sales of 645.4 billion won and an operating loss of 14.4 billion won, it said on Sunday. Sales rose 38.3 percent from a year earlier and the operating loss narrowed 79.0 percent. EBITDA was 29.1 billion won, about triple the previous quarter, remaining positive for a second quarter. The company completed a 1.16 trillion won rights issue and said net debt and leverage fell sharply.
Industry
LG Electronics cooling distribution unit wins Nvidia quality certification, first in Korea
LG Electronics said it has obtained final quality certification from Nvidia for its 600-kW coolant distribution unit (CDU) for AI data centres, the first South Korean company to do so. The CDU circulates coolant to cold plates attached to GPUs and CPUs to absorb heat. The company said it will expand Nvidia certification across higher-capacity CDU models and broaden its data-centre thermal management portfolio from chillers to cold plates.
Finance
KB Financial to expand investment in advanced industries with 150 billion won unicorn fund
KB Financial Group is expanding financial support for advanced strategic industries including semiconductors, physical AI and AI data centres. It plans to shift corporate credit reviews away from past financial results toward assessments of technology and growth potential. The group also plans to form a 150 billion won fund to nurture unicorns, fully funded by KB affiliates and managed by KB Securities, to invest in AI, semiconductors and other sectors.
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Games & Commerce
Naver forms $10 billion AI infrastructure alliance with Nvidia and Brookfield
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Industry
SK $500 billion, Samsung $200 billion: global AI deals unveiled
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Industry
SK to expand AI chip, data centre ties with five big tech firms
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AI & Enterprise
South Korea forms $9,500 billion AI alliance with global big tech, seeks 5 GW AI data centres
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Games & Commerce
Naver to raise $10 billion from Nvidia, Brookfield to expand AI factory globally
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Technology
AI to replace CEOs? OverpAId parody website draws attention
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AI & Enterprise
Moody\'s says unprecedented AI spending threatens credit quality of Amazon, Meta, Alphabet and others
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AI & Enterprise
Elon Musk says Tesla must invest in AI as soon as possible
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AI & Enterprise
ADATA chairman says memory shortage to last another 10 years, dismisses AI bubble talk
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AI & Enterprise
SKT CEO Jung Jae-heon says now is golden time to scale AI data centre business with SK Hyper
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AI & Enterprise
Alphabet wipes out 8.71 trillion won as MS, Meta, Amazon earnings fears begin next week
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Telecommunications & Media
Korea parliament science, ICT committee completes second-half lineup with AI budget, misinformation on agenda
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AI & Enterprise
SKT launches SK Hyper, steps up AI data centre expansion
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AI & Enterprise
AI data centre thermal management council launched to support next-generation cooling technology cooperation
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Telecommunications & Media
Baeh Kyung-hoon says telecoms must transform into AI companies as top 3 expand investment