SK Telecom (KRX:017670) and SK Ecoplant held a groundbreaking ceremony for the SK AI Data Center in Ulsan on Friday, the telecommunications company said in a Friday press release.
The new center will be the largest AI-only data center outside the metropolitan area in South Korea.
The new AI data center features key AI computing systems, hybrid cooling, and high rack density, delivering better performance to existing facilities. The project is expected to boost the country's AI industry while supporting regional and national economic growth.
Shares of SK Telecom fell more than 1% at market close.
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