SK Telecom Launches SK Hyper, Pledging 750 Billion Won for AI Data Centers

SK Telecom creates subsidiary SK Hyper to develop ultra-large-scale AI data centers, targeting 750 billion won investment by 2030 via a development-led model.

Woofun AI reports that SK Telecom has established "SK Hyper", a dedicated entity for artificial intelligence data center operations, with a total investment commitment of 750 billion won. The initial capital injection stands at 330 billion won, with the company aiming to reach full ownership by December 2030.

SK Hyper will oversee site selection, power infrastructure, and partnerships for future large-scale projects, including a 900MW facility in Ulsan and a long-term 15GW target. Existing assets, such as 137MW of data centers and a 100MW Ulsan project, remain under SK Broadband. The new entity adopts a "development-led" model, utilizing special purpose companies to manage construction and operations while securing external funding to mitigate financial burdens.