South Korea Plans $357.5B AI Data Centers
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- South Korea unveiled plans for new AI data centers backed by ~$357.5B from SK Group, GS Group, and Naver, targeting 8.4GW of capacity initially and 18.4GW by 2035
- President Lee Jae Myung presented the plans at a public briefing on the government's three flagship mega projects in Cheong
Why it matters: Three of South Korea's largest conglomerates—SK, GS, and Naver—are committing roughly $357.5 billion to AI data center infrastructure, with a stated capacity buildout from 8.4GW to 18.4GW by 2035, positioning the country as a major AI infrastructure hub.
