Hyundai Motor Group to invest $6.3 billion in AI data centre, robot factory in South Korea

Hyundai Motor Group and South Korea on Friday signed a deal to invest about 9 trillion won ($6.26 billion) to build an AI data centre, a ‌robot manufacturing factory ⁠and ⁠other developments in the country's western coastal region, the land ministry said.

Here are some details:

Hyundai ​Motor Group to invest about 5.8 trillion won to build an AI data centre, ​which will deploy 50,000 ⁠graphics processing units, ‌the ministry said.


The group ​will ​spend 400 billion won on ⁠a factory to produce robots including wearable ones.

The group will invest 1 trillion ​won in hydrogen production facilites, another 1.3 trillion won in solar generation.

Saemangeum is a massive national land reclamation project that began more than 20 years ‌ago on the country's west coast, partly to secure farmland and later ​to bring ​industrial clusters to ⁠a region that had long been considered a disadvantaged.

The Jeolla provinces where the ​area is located has been a traditional support base for the country's political liberals, including South Korean President Lee Jae Myung's Democratic Party.