SGH’s Penguin Options focuses on built-in AI knowledge middle options
Korean operator SK Telecom has signed an settlement to speculate $200 million in Good International Holdings (SGH), which designs and develops high-performance options for knowledge facilities and enterprises.
SK Telecom has made clear its ambition to turn into an AI firm, and SGH’s options are geared toward supporting AI deployments at scale.
Along with the funding, the service and SGH plan to work collectively to spice up growth of world, end-to-end AI manufacturing unit and knowledge middle options and providers, superior reminiscence market services and products, and NPU-based AI edge servers.
SGH is headquartered in Milpitas, California and the corporate affords specialised platforms and providers for high-performance computing, AI, machine studying, fault-tolerant computing and IoT. The corporate’s Penguin Options enterprise gives built-in AI knowledge middle options that vary from the design of AI clusters consisting of large-scale GPU servers, to experience in knowledge middle deployment and operation.
Below the phrases of the settlement, the Korean telco will make investments $200 million in SGH by buying 200,000 convertible most popular shares.
“Our funding in and cooperation with SGH will give us a possibility to spice up our place within the AI worth chain,” mentioned Ryu Younger-sang, CEO of SK Telecom. “Within the period of AI transformation, we plan to proceed to collaborate and make proactive investments to attain international management in AI,” he mentioned.
“This announcement is a testomony to Penguin Options’ capabilities within the deployment of AI factories at scale by our programs, software program, and managed providers suite of options. We stay up for executing on these strategic collaboration alternatives with the SKT crew and consider they may create worth for our respective stakeholders,” mentioned Mark Adams, CEO of SGH.
Final yr, SK Telecom had introduced its ambition to turn into a world synthetic intelligence firm by strengthening its personal AI competitiveness and cooperating with companions globally.
The service’s CEO Ryu Younger-sang unveiled the telco’s new ‘AI Pyramid Technique’ centered round three key areas together with AI infrastructure, AI transformation (AIX) and AI service.
Below this technique, the manager mentioned that the telecom expects the proportion of AI-related funding to roughly triple from 12% over the previous 5 years to 33% over the subsequent 5 years.
The corporate famous that AI Infrastructure is an space the place SK Telecom’s technological capabilities are concentrated. The world consists of AI knowledge facilities, AI semiconductors and a number of LLMs.
