Hyundai Motor to Unveil Multi Billion Dollar Investment in South Korea, Source Says

Hyundai Motor Group is set to make a multi billion dollar investment in South Korea’s west coast, which may reach $7 billion over the next five years. The investment will be made in robotics, an AI data center, and hydrogen infrastructure. Following the news, the stock of Hyundai Motor and Kia Motors surged. The group is venturing into artificial intelligence, autonomous driving, and robotics and has also teamed up with Nvidia to support its AI development initiatives.