New progress on Hyundai Motor Group's 9 trillion won AI Valley: two new companies to be established, separately overseeing AI infrastructure and GPU computing services
Hyundai Motor Group is investing approximately 9 trillion won to build the "Saemangeum AI Valley" data center in Gunsan, South Korea, and plans to establish two new companies, respectively responsible for data center infrastructure and supporting facilities construction, and for high-performance GPU computing procurement and computing cloud operation services. Construction is targeted to begin in March 2027, with services planned to launch in early 2030; once completed, it is expected to support AI R&D in areas such as autonomous driving, robotics, and vehicle engineering.
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Hyundai Motor Group's approximately 9 trillion won AI Valley project update: plans to establish two new companies, respectively responsible for AI infrastructure construction and GPU computing power service operations
2026-11-02 08:57 IT Home - Qin Cang (Intern)
Thanks to IT Home user "A Different Experience" for submitting the tip!
IT Home, November 2 news: On October 30 local time, Hyundai Motor Group announced the official opening of a new office, a move that is an important step in advancing the construction of the Saemangeum artificial intelligence data center.
This data center is the core supporting project of Hyundai Motor Group's approximately 9 trillion won (IT Home note: at the current exchange rate, approximately 44.838 billion yuan) investment in Gunsan, South Korea, to build the "Saemangeum AI Valley."
In September this year, Hyundai Motor Group had already established a Special Purpose Company (SPC) in advance, responsible for advancing the first phase of a 200-megawatt renewable solar photovoltaic power generation project, specifically to supply green electricity to this AI data center.
One will be responsible for overall coordination of the data center's infrastructure engineering and supporting facilities construction;
The other will be specifically responsible for procuring and securing high-performance GPU computing power resources, and for carrying out subsequent GPU computing power cloud and operations services.
The construction target is set to begin in March 2027, and services are planned to launch in early 2030. Once completed, the data center is expected to support AI research and development in fields such as autonomous driving, robotics, and complete vehicle engineering.