Journalism begins where hype ends

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The use of AI is never a purely technical matter: when it enters processes that affect people’s lives, it touches on rights, opportunities, status and freedom"

—Pope Leo XIV

NVIDIA, SK Group Ink $500B-Plus AI Deal Under South Korea’s $950B AI Bet

Executives from SK Group and NVIDIA gather after announcing a strategic partnership spanning AI factories and next-generation AI memory, including plans for a 2-gigawatt AI Cloud in South Korea and a long-term HBM memory collaboration.

As the AI chip race intensifies, the collaboration spans AI factory construction, AI memory supply and AI cloud infrastructure, combining SK Telecom’s AI infrastructure with SK hynix’s advanced HBM technology to support sovereign, enterprise and physical AI expansion.

South Korean Chipmaker SK hynix Launches $28B U.S. Listing as Global AI Chip Demand Surges

SK hynix is expanding its AI memory and semiconductor manufacturing capabilities as part of a planned U.S. listing expected to raise about $28 billion.

A key supplier of high-bandwidth memory (HBM) chips for NVIDIA’s AI accelerators, SK hynix plans to use the proceeds primarily for new semiconductor production facilities and advanced manufacturing equipment in South Korea as it expands its AI infrastructure capabilities.