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Nvidia Pledges Major AI Investment in South Korea, Partners with SK Group

Nvidia CEO Jensen Huang met with South Korean President Lee and announced a significant $500 billion partnership with SK Group for AI data centers and memory, pledging massive investment to establish Korea as an AI hub.

24 Jul, 16:52 — 25 Jul, 03:00
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The Story

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The Independent
Left2
Left (2)
rte-newsYahoo
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Center (4)
Korea HeraldSCMPbloombergmarketwatch
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Right (5)
channel-news-asiale-figarosvenska-dagbladetseeking-alphaTimes of India
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Geographic diversity9 regions34/34
US4South Korea1UK1Hong Kong1Ireland1Singapore1France1Sweden1India1

Sources

Showing 9 of 12 sources
bloombergHigh6h ago

Nvidia to Invest $1 Billion in Naver and Expand SK Group Accord - Bloomberg.com

Nvidia to Invest $1 Billion in Naver and Expand SK Group Accord  Bloomberg.com

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SCMPMostly Factual5h ago

Family office of Henderson Land boss to fast-track Central Asia green energy plans

Henderson Land Development co-chairman and managing director Peter Lee Ka-kit’s family office has fast-tracked its plans in Central Asia, where rich agricultural and natural resources could trigger more than US$1 billion in investments in green energy. Alan Chan Ying-lung, managing partner of family office Full Vision Capital, told the South China Morning Post that the firm was pressing ahead with investment projects such as sustainable aviation fuel (SAF) and smart energy storage and solutio...

By Denise Tsang

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marketwatchMostly Factual12h ago

Jensen Huang has a high-stakes message for AI policymakers

As Washington considers tighter restrictions on open-weight AI over concerns of intellectual-property theft, Nvidia and other tech companies are pushing back.

By Christine Ji

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The IndependentMostly Factual4h ago

Nashville Zoo rejects deal that would have allowed data center near animal park

Residents feared air pollution, water contamination and noise in latest pushback against AI data center boom

By Rachel Dobkin

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YahooMostly Factual13h ago

Grid to Rack: How Eaton and nVent Electric Are Scaling Revenues Amid the AI Data Center Boom

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Times of IndiaMostly Factual12h ago

SK Group chairman Chey Tae-won ordered to pay ex-wife Roh Soh-yeong $644M in divorce settlement

A South Korean appeals court on Friday ordered SK Group Chairman Chey Tae-won to pay his former wife, Roh Soh-yeong, 944 billion won (about $644 million) in cash as part of their long-running divorce property settlement, while reaffirming that Chey's SK shares formed part of the couple's marital assets.

By TOI World Desk

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Korea HeraldMostly Factual3h ago

Lee’s AI power dinner over fish and chips

President Lee Jae Myung dined with the leaders of some of the world’s most valuable technology companies Friday evening at a casual San Francisco restaurant popular with local residents and AI researchers. The gathering at The Ramp restaurant brought together Nvidia CEO Jensen Huang, Broadcom President and CEO Hock Tan, and Lani Borkar, president of Azure Hardware Systems and Infrastructure at Microsoft. Also attending were Samsung Electronics Executive Chairman Lee Jae-yong, SK Group Chairman C

By The Korea Herald

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rte-newsMostly Factual6h ago

Meta quits clean energy pledge amid data center expansion

Meta has abandoned a global pledge by leading companies to source all of their electricity from renewable sources, the social media giant has confirmed.

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seeking-alphaMixed11h ago

SLB sees Q4 revenue surpassing $10B while targeting Data Center Solutions run rate exceeding $2B by end-2027

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