SK Group and NVIDIA formed a partnership valued at over $500 billion to build global AI infrastructure. The agreement aims to meet surging international demand for computing power. Both companies signed Letters of Intent covering projects from AI factory construction to next-generation memory development. [18]
SK Telecom will construct a 2-gigawatt NVIDIA Vera Rubin DSX AI Factory under the agreement. NVIDIA and SK hynix will co-develop future AI memory technologies, including High Bandwidth Memory (HBM). [18]
The $500 billion commitment reinforces a global trend of massive AI-related capital expenditures. This investment scale highlights an accelerating race to expand AI capabilities. The move follows recent market pressure on technology stocks like Alphabet regarding high AI spending. [18]