SK Hyper seeks financing partners for a $350B AI data center plan
CEO Chung Suk-geun told Bloomberg the talks involve big tech firms and financial investors; SK Telecom separately targets 15 GW of capacity by 2035.
By RuntimeWire Staff · Published
Primary source: Bloomberg Technology
Why it matters
SK Telecom is building separate vehicles to operate existing data centers and develop new ones. Bloomberg's $350 billion figure is an ambition under discussion, while the named KKR and IMM investment belongs to SK Horizon, not SK Hyper.
SK Hyper CEO Chung Suk-geun told Bloomberg Technology the South Korean data center developer is in talks with technology companies and financial investors about funding an envisioned $350 billion infrastructure buildout. The figure describes a proposed buildout, not capital raised or committed.…
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