SK Telecom Creates SK Horizon With $2.2 Billion AI Data Center Investment
SK Telecom is carving its AI infrastructure business out of SK Broadband and bringing in KRW 3.08 trillion (about $2.2 billion) from KKR and the IMM Investment-Stonebridge consortium to accelerate the buildout. The new company, SK Horizon, will operate and expand AI data centers and submarine-cable infrastructure, initially targeting 318 MW of capacity. The restructuring…
