SK data center unit in talks to fund $350B AI infrastructure buildout
10/23/2026 — 10/23, 14:19·2 sources (all)·3 reports (all)
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- SK Hyper Co. is in talks with major technology companies and financial investors to raise money for a planned $350 billion data center build…
Latest turnSK Hyper, a unit of SK Telecom, is in talks with big tech firms and financial investors to fund 15GW of data center capacity in South Korea by 2035, with the first 5GW expected to cost $350 billion, Bloomberg reported. Talks are still under way.
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SK Hyper, a unit of SK Telecom, is in talks with big tech firms and financial investors to fund 15GW of data center capacity in South Korea by 2035, with the first 5GW expected to cost $350 billion, Bloomberg reported. Talks are still under way.
TechmemeAI score 57Chung Suk-geun, CEO of SK Group's data center unit SK Hyper, told Bloomberg Tech Asia that the company is in talks with big tech firms and financial investors to fund a planned $350 billion infrastructure buildout, driven by rising AI demand.
Bloomberg TechnologyAI score 58SK Hyper Co. is in talks with major tech firms and financial investors to raise funding for a planned $350 billion data center buildout, Bloomberg reports. The move adds to a global rush into AI infrastructure even as concerns about future demand persist.
Bloomberg TechnologyAI score 53
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