Hyundai Motor Group to form two ventures for its AI valley and GPU compute services
11/02/2026 — 11/02, 09:18·1 sources (all)·1 reports (all)
Key takeaways
- Hyundai Motor Group is moving ahead with an AI data center in Saemangeum, backed by roughly KRW 9 trillion. In November the group plans to s…
Background & analysis
On October 30, 2026, Hyundai Motor Group announced the official opening of a new office, framing it as a key step toward building an AI data center at Saemangeum. The project is the core piece of an “AI Valley” plan in Gunsan, South Korea, backed by an investment of roughly 9 trillion KRW, or about CNY 44.838 billion at current exchange rates.
The Group had already moved ahead in September, when it established a special purpose company to push forward Phase 1 of a 200 MW renewable solar PV project meant to supply green electricity to the AI data center. On October 30, it said it plans in November to team up with five core subsidiaries — Hyundai Motor, Kia, Hyundai Mobis, Hyundai E&C, and Hyundai AutoEver — to set up two more special purpose companies. One will oversee data center construction and supporting facilities; the other will procure and lock in high-performance GPU resources and run GPU cloud and related operations going forward.
According to the report, construction is targeted to begin in March 2027, with services planned to start in early 2030. The data center is expected, once completed, to support autonomous driving, robotics, and vehicle engineering work.
AI-generated from 1 reports · updated 1 hour ago
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According to IT Home, Hyundai Motor Group has opened a new office to advance its AI data center in Saemangeum, part of an investment of about 9 trillion won. The group plans to set up two special-purpose companies in November with five subsidiaries, one for infrastructure and one for GPU procurement and cloud services, with construction targeted for March 2027 and services in early 2030.
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