Market Chatter: South Korea to Host $35 Billion AI Data Center

MT Newswires Live

02-20

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Stock Farm Road, co-founded by LG Group heir Brian Koo and BADR Investments CEO Amin Badr-El-Din, plans to build an AI data center in South Korea, The Wall Street Journal reported.

The $35 billion project, with an initial $10 billion investment, is set to break ground this year and finish by 2028.

While South Jeolla Province is a potential site, further details about the project remained undisclosed, according to the report.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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