Hyundai Motor Group to Invest $6.3 Billion in AI Data Centre, Robot Factory in South Korea

A 9 trillion won ($6.26 billion) deal was signed by Hyundai Motor Group and the South Korean government to invest in major projects in the western coastal region. An AI data centre with 50,000 GPUs, a robot manufacturing factory, hydrogen production facilities, and solar power plants are included in the project. The projects will be developed in Saemangeum, a large land reclamation area created to boost farming and industry. The region is located in the Jeolla provinces, known as a strong political base of President Lee Jae Myung’s Democratic Party.