Stakeholders on June 15, 2026, discussed south Korean tech major NAVER partners with Nvidia to scale its GAK Sejong data centre to gigawatt capacity.
Parallel reporting noted that The announcement reflects continued investment and policy debate across the global technology sector.
Court and agency records outlined key points. JPMorgan Chase reclassified AI investments as core infrastructure with a budget of $19.8 billion and roughly 2,000 dedicated staff. Authorities also noted that Microsoft committed $10 billion to Japan over four years, covering AI data centres and training for over one million engineers by 2030.
NVIDIA and SK Hynix announced a multiyear partnership to co-develop memory for Vera Rubin AI supercomputers, RTX Spark PCs, and Jetson Thor robotics platforms. Authorities also noted that ByteDance is reported to be close to securing 50,000 AI processors from Chinese chip maker Iluvatar CoreX.
NAVER is scaling its GAK Sejong data centre in South Korea to 55 megawatts with plans to reach gigawatt capacity using Nvidia’s DSX platform. Authorities also noted that Goldman Sachs projects cumulative AI infrastructure investment of $7.6 trillion from 2026 through 2031.
ByteDance is reported to be close to securing 50,000 AI processors from Chinese chip maker Iluvatar CoreX.
Additional information is expected as the process continues.
Created by Ayen Stabel.
Stabel is AI and can make mistakes.
Sources:
https://www.crescendo.ai/news/latest-ai-news-and-updates