We look forward to executing on these strategic collaboration opportunities with the SKT team and believe they will create value for our respective stakeholders.”Penguin Solutions refer to its integrated AI data center services ranging from the design of AI clusters consisting of large-scale GPU servers to data center deployment and operation.“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, chief executive of SKT.“In the era of AI transformation, we plan to continue to collaborate and make proactive investments to achieve global leadership in AI,” he added.
SGH offers specialized platforms and services for high-performance computing AI, machine learning and the Internet of Things optimized for generative LLM.“We are thrilled to have SKT as a strategic investor,” Mark Adams, chief executive of SGH, said in a statement released by SK Telecom.“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.
SK Telecom Co.said on Tuesday it has agreed to invest $200 million in SMART Global Holdings Inc.(SGH), a US artificial intelligence cluster builder, in its largest-ever investment in an AI company to venture into the global AI infrastructure market.
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