SK hynix has just announced plans to establish a US-based "AI solutions" firm that will be called "The AI Company" that will look for opportunities in the future of data center clients in the US.
The company will continue making strategic investments in and working with AI companies to strengthen their competitiveness in memory chips, while providing a range of AI data center solutions. SK hynix hasn't provided many concrete details about its US-based "AI Company" but the South Korean memory giant has $10 billion USD ready to fund its AI Company operations.
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The company added: "The planned establishment of AI Co. is aimed at securing opportunities in the emerging AI era. The company will continue to work closely with global partners while proactively creating value for customers".
