SAN FRANCISCO, July 24 : Nvidia and South Korea's SK Group on Friday unveiled a more than $500 billion AI initiative spanning large-scale AI data centers and next-generation memory, Nvidia said.The initiative includes a long-term partnership with SK Hynix to secure next-generation memory supply for Nvidia and jointly develop high-bandwidth memory for AI training, AI agents and physical AI applications.As part of the initiative, SK Telecom plans to build a 2-gigawatt AI data center powered by Nvidia's Vera Rubin chips and SK Hynix's HBM4 high-bandwidth memory, with the first facility due to come online in 2027, Nvidia added. Separately, Nvidia said it, Naver and Brookfield plan to expand Naver's AI data center in South Korea.
Nvidia, SK Group unveil $500 billion-plus AI data centers initiative, memory partnership
SAN FRANCISCO, July 24 : Nvidia and South Korea's SK Group on Friday unveiled a more than $500 billion AI initiative spanning large-scale AI data centers and next-generation memory, Nvidia said.The initiative includes a long-term partnership with SK Hynix to secure next-generation memory supply for Nvidia and
TL;DRAI
Nvidia and SK Group announce $500B+ for 2GW AI data center (2027) and HBM4 memory via SK Hynix partnership. Supply chain memory consolidation and geographic infrastructure diversity—key for enterprise resilience and foundational costs.
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