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Chey to Chair Board of SK hynix’s $10 Billion U.S. AI Investment Arm

SK Group Chairman Chey Tae-won will chair the board of HYAICO Corp., SK hynix’s U.S.-based artificial intelligence (AI) investment arm, taking a direct role in overseeing the group’s investment strategy in the global AI market. The move places the group chairman at the head of a new investment vehic

SK Group Chairman Chey Tae-won has been appointed as the chairman of HYAICO Corp., the U.S.-based artificial intelligence (AI) investment arm of SK hynix. This move places Chey in a direct role overseeing the group's investment strategy in the global AI market. HYAICO, with an investment commitment of up to $10 billion, aims to identify growth opportunities in AI technologies and infrastructure, and will bring together key executives from SK hynix's semiconductor and telecommunications businesses.

Brief written by urgent.news from BusinessKorea's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

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