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Hyundai Motor Group to invest $6.3 billion in AI data centre, robot factory in South Korea

Hyundai Motor Group to invest $6.3 billion in AI data centre, robot factory in South Korea

101 finance101 finance2026/02/27 02:24
By:101 finance

SEOUL, Feb 27 (Reuters) - Hyundai ‌Motor ‌Group and South ​Korea on Friday signed a ‌deal to ⁠invest about 9 ⁠trillion won ($6.26 billion) ​to ​build ​an AI ‌data centre, a robot manufacturing factory and ‌other ​developments ​in ​the country's ‌western coastal region, ​the ​land ministry ​said.

(Reporting ‌by Hyunjoo JinEditing ​by Ed ​Davies)

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