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South Korea Data Center Market Investment Analysis Report 2024-2029: Opportunities in IT, Electrical, Mechanical Infrastructure, General Construction, and Tier Standards - ResearchAndMarkets.com

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月曜日, 5月 6, 2024

The "South Korea Data Center Market - Investment Analysis & Growth Opportunities 2024-2029" report has been added to ResearchAndMarkets.com's offering.

Key Points:

The "South Korea Data Center Market - Investment Analysis & Growth Opportunities 2024-2029" report has been added to ResearchAndMarkets.com's offering.
South Korea data center market is expected to reach a value of $7.23 billion by 2029 from $4.45 billion in 2023, growing at a CAGR of 8.4% grow at a CAGR of 8.43% from 2023-2029
This report analyses the South Korea data center market share.
The growing opportunities in the market have also prompted several new entrants to invest in the South Korea data center market, including Princeton Digital Group, Pure Data Centers Group, SC Zeus Data Centers, and others.
A detailed study of the existing South Korea data center market landscape, an in-depth market analysis, and insightful predictions about market size during the forecast period.

South Korea Data Center Market to Witness Investment of $7.22 Billion by 2029 - Get Insights on 35 Existing Data Centers and 19 Upcoming Facilities across South Korea

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水曜日, 4月 24, 2024

OCP, Investment, Policy, LGU, Kakao, Research, City, Smart grid, Artificial intelligence, DRT, Wind, Biomass, SK Group, Xeon, Renewable energy

Moreover, South Korea is a prominent Southeast Asian market, with investment opportunities driven by Artificial Intelligence and Renewable Energy initiatives.

Key Points:

Moreover, South Korea is a prominent Southeast Asian market, with investment opportunities driven by Artificial Intelligence and Renewable Energy initiatives.
In September 2023, SK Ecoplant announced plans to develop a data center campus facility in Pohang, South Korea.
In August 2023, the South Korean government announced plans to develop a 1GW data center campus in the Southwest of South Korea.
A detailed study of the existing South Korea data center market landscape, an in-depth market analysis, and insightful predictions about market size during the forecast period.

South Korea Data Center Market to Witness Investment of $7.22 Billion by 2029 - Get Insights on 35 Existing Data Centers and 19 Upcoming Facilities across South Korea

Retrieved on:

水曜日, 4月 24, 2024

OCP, Investment, Policy, LGU, Kakao, Research, City, Smart grid, Artificial intelligence, DRT, Wind, Biomass, SK Group, Xeon, Renewable energy

Moreover, South Korea is a prominent Southeast Asian market, with investment opportunities driven by Artificial Intelligence and Renewable Energy initiatives.

Key Points:

Moreover, South Korea is a prominent Southeast Asian market, with investment opportunities driven by Artificial Intelligence and Renewable Energy initiatives.
In September 2023, SK Ecoplant announced plans to develop a data center campus facility in Pohang, South Korea.
In August 2023, the South Korean government announced plans to develop a 1GW data center campus in the Southwest of South Korea.
A detailed study of the existing South Korea data center market landscape, an in-depth market analysis, and insightful predictions about market size during the forecast period.

SK Networks Launches AI Lab in Silicon Valley, USA

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水曜日, 4月 24, 2024

Stanford University, Annual, Ecosystem, Lab, Democracy, Humanity, Civilization, AI, SK Group, Magic, LLM, Research, Silicon, Multimedia, AGM, Medical device

SEOUL, South Korea, April 24, 2024 /PRNewswire/ -- SK Networks is transforming its business model by incorporating state-of-the-art artificial intelligence (AI) technology. Setting its sights on the forefront of innovation, SK Networks has founded an AI Lab in Silicon Valley, known as the mecca of global tech excellence.

Key Points:

- SK Networks Leads the Charge in AI Technology Development, Service Verification, and Capability Internalization Across its Subsidiaries
SEOUL, South Korea, April 24, 2024 /PRNewswire/ -- SK Networks is transforming its business model by incorporating state-of-the-art artificial intelligence (AI) technology.
Setting its sights on the forefront of innovation, SK Networks has founded an AI Lab in Silicon Valley, known as the mecca of global tech excellence.
SK Networks (CEO: Hojeong Lee) revealed its newest venture with the launch of 'PhnyX Lab,' the company's flagship AI technology development organization.
With a visionary mission to "usher in the Civilization of Humanity through the Democracy of AI," PhnyX Lab has been established to harness and internalize the AI prowess of SK Networks.

Upstage Raises $72 Million in Series B Funding to Expand Global Reach of its Groundbreaking AI Solutions

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火曜日, 4月 16, 2024

Big, Industrial bank, OCR, Korea Development Bank, AI, Document, Document AI, API, History, Industrial Bank of Korea, KT, SK Group, Venture round, DUS, SoftBank Group, Solar, SAN, Samsung

SAN JOSE, Calif., April 16, 2024 /PRNewswire/ -- Upstage, a pioneering AI company specializing in large language models (LLMs) and Document AI, today announced that it has raised $72 million in a Series B. With this latest investment, Upstage has now raised over $100 million since its founding in October 2020, making it the most-funded South Korean AI software company in history.

Key Points:

The AI startup has raised over $100 million in cumulative investment through Series A and B funding rounds, making it the most-funded AI software company in South Korea.
SAN JOSE, Calif., April 16, 2024 /PRNewswire/ -- Upstage , a pioneering AI company specializing in large language models (LLMs) and Document AI, today announced that it has raised $72 million in a Series B.
With this latest investment, Upstage has now raised over $100 million since its founding in October 2020, making it the most-funded South Korean AI software company in history.
"We're thrilled to extend our strong success in South Korea to a global audience," said Sung Kim, co-founder and CEO of Upstage.

Atom Power Appoints New CEO as Company Enters Next Phase of Growth

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水曜日, 4月 3, 2024

EV, General Electric, Culture, Growth, Partnership, Danaher Corporation, L.A. Live, IBM, Vats, SK Group, Artificial intelligence, Management

Vats, an accomplished and visionary leader, brings a wealth of experience to Atom Power.

Key Points:

Vats, an accomplished and visionary leader, brings a wealth of experience to Atom Power.
With a proven track record of driving growth and innovation in technology and Artificial Intelligence in utilities, energy, and related industries, Vats is poised to lead Atom Power into a new era of success.
Vats joins Atom Power as the company ushers in a new phase of growth, spurred on by global demand for infrastructure to support EV adoption and related technologies.
His exceptional leadership skills, strategic insights, and deep industry knowledge make him the ideal choice to lead Atom Power.

EverCharge Announces Leadership Changes

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月曜日, 4月 1, 2024

EV, San Francisco Giants, Shell, Growth, Sport, ATE, Curse of Coogan's Bluff, Partnership, Skeleton, Acquisition, Transport, PALO, Ecosystem, Avis, SK Group, Workplace

Prior to joining EverCharge, he served as President and CEO of Shell Recharge Solutions Americas and Asia (formerly Greenlots), a Los Angeles-based EV charging business, where he created over 200 green and skilled jobs in the EV sector.

Key Points:

Prior to joining EverCharge, he served as President and CEO of Shell Recharge Solutions Americas and Asia (formerly Greenlots), a Los Angeles-based EV charging business, where he created over 200 green and skilled jobs in the EV sector.
As an industry veteran, he will help EverCharge advance and scale its presence in the fleet, workplace and multi-unit residential segments, while closely partnering with Taeho Kang.
Kang, a seasoned SK Group executive and Vice President, Head of EV Charging at PassKey, led the acquisition of EverCharge by SK Group in March 2022.
These leadership changes are effective immediately.

EverCharge Wins Product of the Year by EC&M

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月曜日, 3月 18, 2024

EV, Organization, News, PALO, Ecosystem, SK Group, Power

This award recognizes companies that offer the most exceptional, innovative, and unique products on the market.

Key Points:

This award recognizes companies that offer the most exceptional, innovative, and unique products on the market.
“We’re especially proud to win this award for our EV02 level 2 charging station,” said Loren Passmore, CTO at EverCharge.
This unique energy distribution approach enables EverCharge to install significantly more charging stations compared to other charging companies, while reducing the need for costly electrical upgrades and lowering the total cost of deployment.
We’re proud that EV02 is recognized as the cornerstone of a future where EV charging is seamless, efficient, and accessible.

EverCharge and the San Francisco Giants Announce Strategic Partnership

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火曜日, 3月 12, 2024

EV, San Francisco Giants, Organization, Curse of Coogan's Bluff, Partnership, SAN, SVP, Travel, Transport, Giant, SK Group, San Francisco Bay Area, Power, Amusement park

SAN FRANCISCO, CA, March 12, 2024 (GLOBE NEWSWIRE) -- EverCharge , a leading provider of large-scale electric vehicle (EV) charging solutions, and part of SK Group, today announced a strategic partnership with the San Francisco Giants to install charging infrastructure and provide the public, including Giants fans and Oracle Park event go-ers, with safer and more eco-friendly transportation options.

Key Points:

SAN FRANCISCO, CA, March 12, 2024 (GLOBE NEWSWIRE) -- EverCharge , a leading provider of large-scale electric vehicle (EV) charging solutions, and part of SK Group, today announced a strategic partnership with the San Francisco Giants to install charging infrastructure and provide the public, including Giants fans and Oracle Park event go-ers, with safer and more eco-friendly transportation options.
In August 2023, the San Francisco Giants and all-electric, driverless car company Cruise committed to developing hundreds of EV chargers to support ballpark facilities.
With this new strategic partnership, EverCharge is joining this commitment and helping to further establish Oracle Park as a leader in San Francisco’s EV charging infrastructure.
To meet the increasing local demand for more sustainable travel options, the Giants are partnering with EverCharge to bring hundreds of electric vehicle chargers to Oracle Park parking facilities.

Milk Partners and The Sandbox signed the MoU for expanding the blockchain ecosystem

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火曜日, 3月 26, 2024

SEOUL, South Korea, March 26, 2024 /PRNewswire/ -- Milk partners Co., Ltd. (CEO, Jungmin Cho), which operates the blockchain-based loyalty integration platform, 'MiL.k', announced that they have signed a memorandum of understanding (MoU) with The Sandbox, an open metaverse UGC (User Generated Contents) platform.

Key Points:

SEOUL, South Korea, March 26, 2024 /PRNewswire/ -- Milk partners Co., Ltd. (CEO, Jungmin Cho), which operates the blockchain-based loyalty integration platform, 'MiL.k', announced that they have signed a memorandum of understanding (MoU) with The Sandbox, an open metaverse UGC (User Generated Contents) platform.
On 25th Mar, the MoU ceremony held at Milk partners office with major team members of both companies including Jungmin Cho (CEO of Milk partners) and Sebastian Borget (Co-Founder and COO of The Sandbox Global) to agree on the strategic partnerships and mutual cooperation.
MiL.k, the blockchain based loyalty integration platform operated by Milk Partners Co.,Ltd, has a number of domestic and global partners representing each industry such as travel, leisure, shopping, and lifestyle.
Meanwhile, MiL.k is the blockchain based loyalty integration platform that allows users to collect and use points or mileage from various companies.