Hyundai Motor Group to establish two SPCs for AI data center project
4 Articles
4 Articles
Hyundai Motor Group to establish two SPCs for AI data center project
Hyundai Motor Group said Friday it plans to establish two special purpose companies (SPCs) next month to develop artificial intelligence (AI) data centers as part of its push to expand into AI infrastructure. The automotive group said its affiliates, including Hyundai Motor, Kia, Hyundai Mobis, Hyundai Engineering & Construction and Hyundai AutoEver, will participate in the investment. One SPC will oversee data center construction and infrastruc…
Hyundai Motor Group is accelerating the establishment of an AI data center as part of the Saemangeum AI Valley project in North Jeolla Province, in which it is investing approximately 9 trillion won. Construction is scheduled to begin next March, with operations expected to start in early 2030. The Saemangeum AI Valley is a large-scale project that involves the development of an AI data center, a robot manufacturing cluster, solar power faciliti…
(Seoul, Gunsan = Yonhap News) Reporters Jang Hana and Kim Jin-bang = Hyundai Motor Group has officially commenced construction of an AI data center, a key element in advancing its physical AI capabilities, and 9...
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