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Samsung Group companies including Samsung Electronics Co. agreed to invest a combined $1 billion in Helix Digital Infrastructure, a KKR & Co.-backed US company, deepening the South Korean conglomerate’s push into the rapidly expanding artificial-intelligence infrastructure market.
Anthropic said Wednesday it had opened a Seoul office and announced a series of partnerships across South Korea’s artificial intelligence ecosystem as the Claude developer expands its presence in Asia. As the company prepares for a public listing, Anthropic said South Korea has emerged as one of Claude’s most active markets globally, with usage concentrated in technical and creative work. Public And Private Sector Partnerships Anthropic said it signed a memorandum of understanding with South Kor
Three Samsung affiliates will buy a $408 million stake in Dunamu, the operator of Korea's Upbit crypto exchange.
In recent days, KKR-backed funds agreed to purchase KRW 1.22 trillion (about US$820 million) in newly issued convertible bonds from Samsung SDS, forming a partnership focused on AI transformation services, infrastructure, and global expansion support. KKR also completed the final close of its approximately US$23.00 billion North America Fund XIV, underscoring its growing role as a capital allocator across private markets and technology-enabled businesses. Next, we’ll examine how KKR’s...
KKR backing points to long term transformation
OpenAI, Samsung SDS and SK Telecom are preparing to start construction of data centres in South Korea in March, Science Minister Bae Kyung-hoon said at a parliamentary hearing on Wednesday in Seoul. South Korea said in October that the U.S. startup planned to set up joint ventures with the Korean firms to build two data centres in the country with an initial capacity of 20 megawatts. SK Telecom told Reuters that it is in talks with OpenAI to build a data centre in southwestern South Korea, with the timing for starting construction still under review.
As the artificial intelligence (AI) boom strains global power grids, tech giants are looking to the sea and stars for solutions. In a significant move, Samsung Electronics (OTC:SSNLF) and OpenAI are collaborating to develop floating data centers on ...
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