KKR and a consortium of South Korean firms are investing $2.2 billion in an AI data-center company being created by telecommunications firm SK Telecom through a spinoff.

SK Telecom is assembling an unusual alliance of artificial intelligence (AI) developers, cybersecurity companies and universities to build an AI mo...

SK Telecom said Thursday it will spin off SK Broadband’s artificial intelligence data center business into a new company, SK Horizon, as part of a broader push