Urgent.News

What's breaking now, across thousands of outlets.

AI

POSCO, GS team up to explore overseas AI data center projects

SEOUL, Nov. 11 (Yonhap) -- POSCO and GS Group, two major South Korean conglomera...

POSCO, GS team up to explore overseas AI data center projects

GS Group and POSCO have announced a strategic partnership aimed at advancing large-scale AI data center projects. The collaboration will leverage GS Group's expertise in data center construction and operation alongside POSCO's premium steel materials and innovative technology solutions. The memorandum of understanding was signed by GS Group Vice Chairman Hong Soon-ki, POSCO CEO Lee Hee-geun, and other key executives.

By working together, the companies aim to streamline supply chain processes, optimize material use, and shorten construction timelines for data centers. These joint efforts are anticipated to boost data center operations and enhance their financial performance. Additionally, the partnership includes practical initiatives to lower operational expenses, maximize space efficiency, and improve the resilience of facilities and equipment.

Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at en.yna.co.kr →

More in AI

More from Wednesday 11 November →