SK Telecom Unveils Plans for Large-Scale AI Data Center in South Korea

AI-generated NewsSnap summary based on source reporting.
Published: 2026-07-05T12:27:20Z
Category: business
Source: PR Newswire (via Financial Times)
Original source

SK Telecom has announced ambitious plans to construct a 15-gigawatt AI data center in Ulsan, South Korea, aiming to establish the country as a key AI infrastructure hub in Asia. This substantial project, estimated to cost trillions of Korean Won, is designed to meet the growing demand for AI model training and aligns with South Korea's national AI strategy. Funding is expected to come from a mix of company investment, strategic partnerships, and long-term customer agreements.

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