[South Korea's SK Telecom to Invest 750 Billion KRW to Establish AI Data Center Subsidiary 'SK Hyper'] BlockBeats News, July 26, according to Korean media Ket, South Korea's SK Telecom (SKT) announced the establishment of a new company specializing in artificial intelligence data centers (AIDC) named 'SK Hyper' and plans to invest a total of 750 billion KRW to drive large-scale AI data center business expansion. It is expected to initially invest 330 billion KRW and plans to accumulate a total investment of 750 billion KRW by December 2030, ultimately holding 100% equity in the company. Reportedly, the newly established SK Hyper will be responsible for the development and commercialization of future large-scale AI data center projects, including site selection, power infrastructure, and preliminary customer business collaborations. Subsequently, it will also introduce external funding through financial investor (FI) equity investments and project financing (PF). [Original Link]