Business · 26 July 2026

Nvidia commits $500 billion to South Korea's SK Group for AI

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Nvidia CEO Jensen Huang announced a $500 billion partnership with South Korean conglomerate SK Group for AI infrastructure. The deal is crucial because SK Group owns SK Hynix, a major producer of high-bandwidth memory, a key component for advanced AI systems. Nvidia's wider strategy in South Korea includes investments in Naver and a self-driving car project with Hyundai.

By BriefTea Editorial · 26 July 2026 at 10:22

Reported by cryptopolitan.com · How we write briefs

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