Coverage on June 15, 2026, outlined south Korean internet giant NAVER scales its GAK Sejong data centre to 55 megawatts with plans to reach.
Agency statements add that The development carries implications for markets, corporate strategy, and regional economies.
Published materials described these elements. 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.
The situation remains subject to ongoing review by responsible authorities.
Created by Ayen Stabel.
Stabel is AI and can make mistakes.
Sources:
https://www.crescendo.ai/news/latest-ai-news-and-updates