South Korea launches AIDC Alliance to build 18.4GW of AI data centers

South Korea’s government and 12 of its largest tech, power, and cooling companies have launched a public-private body called the AIDC Alliance. 

The aim of the group is to build 18.4 gigawatts of AI data centers and turn the country into an exporter of “intelligence tokens.”

What is the AIDC Alliance?

The Ministry of Science and ICT (MSIT) hosted the launch of the newly formed AIDC Alliance at Lotte Hotel Seoul with roughly 400 people from industry, academia, and four government ministries.

The alliance is the result of a coalition between South Korea’s government and 12 major companies. The public-private group aims to build 18.4 gigawatts (GW) of AI data centers and turn the country into an exporter of “intelligence tokens,” which are the raw output of AI computation.

Its first private co-chair is Jeong Jae-heon, the chief executive of SK Telecom (KRX: 017670) and the chairman of the Korea Information and Communication Industry Association.

Alongside SK Telecom (KRX: 017670), the leadership group names Naver Cloud, Samsung SDS (KRX: 018260), NHN Cloud, LS Electric, LG Uplus (KRX: 032640), LG Electronics (KRX: 066570), GS (KRX: 078930), Kakao (KRX: 035720), KT (KRX: 030200), KT NF, and the chip designer FuriosaAI.

… Continue reading the full article at the original source below.