SK Telecom is set to invest $200 million in SMART Global Holdings, a designer and developer of enterprise solutions.
SK Telecom and SGH will enhance customer offerings in the development of AI factory and data center solutions and services, memory market products and services, and NPU-based AI edge servers.
SMART Global, headquartered in Milpitas, California (US), offers platforms and services for computing, AI, machine learning, fault-tolerant computing, and the Internet of Things that span the edge, core, and cloud. Through its Penguin Solutions business, SGH provides integrated AI data center solutions ranging from the design of AI clusters consisting of GPU servers to the expertise in data center deployment and operation.
SKT’s current AI-related investments and partnerships include Anthropic, Lambda, and Perplexity. Along with these investments, the alliance with SGH is expected to solidify SKT’s position in the AI value chain across the three pillars: AI semiconductor, AI infrastructure and AI services.
“Our investment in and cooperation with SGH will give us an opportunity to boost our position in the AI value chain,” said Ryu Young-sang, CEO of SKT. “In the era of AI transformation, we plan to continue to collaborate and make proactive investments to achieve global leadership in AI.”
Mark Adams, CEO of SMART Global, said: “Today’s announcement is a testament to Penguin Solutions’ capabilities in the deployment of AI factories at scale through our systems, software, and managed services suite of solutions.”
TelecomLead.com News Desk
