South Korea says SK and Amazon to invest $5 billion in country’s biggest data centre

June 22, 2025

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South Korea’s SK Group will invest around 7 trillion won ($5.11 billion), including $4 billion from Amazon Web Services, Amazon’s cloud services provider, to build a data centre in the southern city of Ulsan, the Science Ministry said on Friday.

The AI data centre, which will be the country’s largest, will break ground in September and be fully operational with a capacity of 100 megawatts by 2029, the ministry said in a statement.

SK Group Chairman Chey Tae-won said he planned to expand the data centre’s capacity to one gigawatt in the future and…

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The Economic Times

South Korea says SK and Amazon to invest $5 billion in country’s biggest data centre

June 22, 2025

, Published By The Economic Times

Tech

The AI data centre, which will be the country’s largest, will break ground in September and be fully operational with a capacity of 100 megawatts by 2029, the ministry said in a statement.

SK Group Chairman Chey Tae-won said he planned to expand the data centre’s capacity to one gigawatt in the future and…

Source link