Hyundai Motor Group to invest $6.3 bln in AI data centre, robot factory in South Korea - Reuters

<a href="https://news.google.com/rss/articles/CBMi1wFBVV95cUxOYVlCVWo2TG5TMXVxdlVxU0VCSkdxVmxzNjcxSWxpSmdKT0w4X2pMYUVaZV9UVHNyUXNCcHVBSG5RWlVRRkN3WldETnhVNFVaNGExZ19OZjZoOFcxU0tIOUlpc1BwWEJDSzJmT3d0STVGanpiRjBCVUl0clROVnJuNFVUV3pvRm9tdUZ0dzdUSXJINFRrcjEzV3N0ZTFsLVNBbmtRcjJibkJsMlZLeFppNHU5TnVEQ2tPSFJBa0JaZUszeXdXVFJrT25tNGhTd0FlS0kyMkNMMA?oc=5" target="_blank">Hyundai Motor Group to invest $6.3 bln in AI data centre, robot factory in South Korea</a>&nbsp;&nbsp;<font color="#6f6f6f">Reuters</font>

Hyundai Motor Group plans to invest 9 trillion won in Saemangeum, North Jeolla Province, to establish an AI data center, robot manufacturing plant, and hydrogen energy facilities, with the investment expected to generate economic ripple effects of 16 trillion won and create 70,000 jobs.

Hyundai Motor Group will invest 9 trillion won ($8 billion) to build an AI data center, robot factory, and hydrogen plant in South Korea, with the facilities to be built in the Saemangeum area, about 270 kilometers southwest of Seoul.

Hyundai Motor Group plans to invest 9 trillion won ($6.26 billion) in Saemangeum, North Jeolla Province, to establish an AI data center, robot manufacturing cluster, and hydrogen energy facilities, marking a significant step in the company's transition to a physical AI firm.

Hyundai Motor Group has signed an MOU with the South Korean government and Jeonbuk State to invest approximately 9 trillion won in Saemangeum, aiming to create an innovation hub focusing on robotics, AI, and hydrogen energy, with plans to build an AI data center, robotics manufacturing cluster, and hydrogen facilities.

Hyundai Motor Group and South Korea signed a deal to invest about 9 trillion won ($6.26 billion) to build an AI data center, a robot manufacturing factory, and other developments in the country's western coastal region, including a water electrolysis facility and solar generation.

Hyundai Motor Group will invest 9 trillion won ($6.3 billion) in Saemangeum, North Jeolla Province, to build South Korea's first dedicated robot manufacturing plant and a large-scale AI data center, with construction slated to begin in 2027 and 2028, respectively.