Latest news with #dataCentre
Zawya
10 hours ago
- Business
- Zawya
South Korea says SK and Amazon to invest $5bln in country's biggest data centre
SEOUL - South Korea's SK Group will invest around 7 trillion won ($5.11 billion) including $4 billion from Amazon Web Services, Amazon's cloud services provider, to build a data centre in the southern city of Ulsan, the Science Ministry said on Friday. The AI data centre, which will be the country's largest, will break ground in September and be fully operational with a capacity of 100 megawatts by 2029, the ministry said in a statement. SK Group Chairman Chey Tae-won said he planned to expand the data centre's capacity to one gigawatt in the future and make it a global hub that handles domestic AI demand during a meeting attended by President Lee Jae Myung and tech CEOs. Artificial intelligence was crucial for South Korea's growth, he said. "It may set a good example that South Korea's high-tech industry is possible not only in the metropolitan area but also in the provinces," Lee said. South Korea's AI-related stocks on Friday extended a rally on policy optimism, with SK Hynix rising more than 3%, Kakao surging 11%, and LG CNS gaining 9%, leading the benchmark KOSPI above a key milestone of 3,000 points for the first time in 3-1/2 years. The official announcement follows media reports earlier this month that SK Group and Amazon Web Services were building a data centre in South Korea. ($1 = 1,368.7600 won) (Reporting by Hyunsu Yim and Jihoon Lee Editing by Ed Davies)
Yahoo
10 hours ago
- Business
- Yahoo
South Korea says SK and Amazon to invest $5 billion in country's biggest data centre
SEOUL (Reuters) -South Korea's SK Group will invest around 7 trillion won ($5.11 billion) including $4 billion from Amazon Web Services, Amazon's cloud services provider, to build a data centre in the southern city of Ulsan, the Science Ministry said on Friday. The AI data centre, which will be the country's largest, will break ground in September and be fully operational with a capacity of 100 megawatts by 2029, the ministry said in a statement. SK Group Chairman Chey Tae-won said he planned to expand the data centre's capacity to one gigawatt in the future and make it a global hub that handles domestic AI demand during a meeting attended by President Lee Jae Myung and tech CEOs. Artificial intelligence was crucial for South Korea's growth, he said. "It may set a good example that South Korea's high-tech industry is possible not only in the metropolitan area but also in the provinces," Lee said. South Korea's AI-related stocks on Friday extended a rally on policy optimism, with SK Hynix rising more than 3%, Kakao surging 11%, and LG CNS gaining 9%, leading the benchmark KOSPI above a key milestone of 3,000 points for the first time in 3-1/2 years. The official announcement follows media reports earlier this month that SK Group and Amazon Web Services were building a data centre in South Korea. ($1 = 1,368.7600 won) Error in retrieving data Sign in to access your portfolio Error in retrieving data
Reuters
11 hours ago
- Business
- Reuters
South Korea says SK and Amazon to invest $5 bln in country's biggest data centre
SEOUL, June 20 (Reuters) - South Korea's SK Group will invest around 7 trillion won ($5.11 billion) including $4 billion from Amazon Web Services, Amazon's cloud services provider, to build a data centre in the southern city of Ulsan, the Science Ministry said on Friday. The AI data centre, which will be the country's largest, will break ground in September and be fully operational with a capacity of 100 megawatts by 2029, the ministry said in a statement. SK Group Chairman Chey Tae-won said he planned to expand the data centre's capacity to one gigawatt in the future and make it a global hub that handles domestic AI demand during a meeting attended by President Lee Jae Myung and tech CEOs. Artificial intelligence was crucial for South Korea's growth, he said. "It may set a good example that South Korea's high-tech industry is possible not only in the metropolitan area but also in the provinces," Lee said. South Korea's AI-related stocks on Friday extended a rally on policy optimism, with SK Hynix ( opens new tab rising more than 3%, Kakao ( opens new tab surging 11%, and LG CNS ( opens new tab gaining 9%, leading the benchmark KOSPI (.KS11), opens new tab above a key milestone of 3,000 points for the first time in 3-1/2 years. The official announcement follows media reports earlier this month that SK Group and Amazon Web Services were building a data centre in South Korea. ($1 = 1,368.7600 won)
Yahoo
a day ago
- Business
- Yahoo
Schneider Electric Launches New Data Centre Solutions to Meet Challenges of High-Density AI and Accelerated Compute Applications
Innovative prefabricated data centre architecture provides critical IT infrastructure for high-density computing clusters. New rack PDUs and rack systems are built for increased size and weight support, and feature direct-to-chip liquid cooling. Schneider Electric launches new Open Compute Project (OCP) inspired rack system to support NVIDIA MGX architecture. MISSISSAUGA, Ontario, June 19, 2025--(BUSINESS WIRE)--Schneider Electric, the leader in the digital transformation of energy management and automation, today announced new data centre solutions specifically engineered to meet the intensive demands of next-generation AI cluster architectures. Evolving its EcoStruxure™ Data Centre Solutions portfolio, Schneider Electric introduced a Prefabricated Modular EcoStruxure Pod Data Centre solution that consolidates infrastructure for liquid cooling, high-power busway and high-density NetShelter Racks. In addition, EcoStruxure Rack Solutions incorporate detailed rack configurations and frameworks designed to accelerate High Performance Computing (HPC) and AI data centre deployments. The new EcoStruxure Pod Data Centre and EcoStruxure Rack Solutions are now available globally. Organizations are deploying AI clusters and grappling with extreme rack power densities, which are projected to reach 1MW and beyond. Schneider Electric's new line of solutions equips customers with integrated, data-validated, and easily scaled white space solutions that address new challenges in pod and rack design, power distribution and thermal management. "The sheer power and density required for AI clusters create bottlenecks that demand a new approach to data centre architecture," said Himamshu Prasad, senior vice president of EcoStruxure IT, Transactional & Edge and Energy Storage Centre of Excellence at Schneider Electric. "Customers need integrated infrastructure solutions that not only handle extreme thermal loads and dynamic power profiles but also deploy rapidly, scale predictably, and operate efficiently and sustainably. Our innovative next-generation EcoStruxure solutions that support NVIDIA technology address these critical requirements head on." New Product Overview Prefabricated Modular EcoStruxure Pod Data Centre: Prefabricated, scalable pod architecture enables operators to deploy high-density racks, supporting pods up to 1MW and beyond, at scale. Engineered-to-order, the new pod infrastructure offers flexibility and supports liquid cooling, power busway, complex cabling, as well as hot aisle containment, InRow and rear door heat exchanger cooling architectures. The Prefabricated Modular EcoStruxure Pod Data Centre is now shipping pre-designed and pre-assembled with all components for rapid deployment to support high-density workloads. EcoStruxure Rack Solutions: These reliable, high-density rack systems adapt to EIA, ORV3 and NVIDIA MGX modular design standards approved by leading IT chip and server manufacturers. Configurations accommodate a wide array of power and cooling distribution schemes and employ Motivair by Schneider Electric in-rack liquid cooling, as well as new and expanded rack and power distribution products, including: NetShelter SX Advanced Enclosure: This new line features taller, deeper, and stronger racks to support increased weight, cabling and infrastructure. NetShelter SX Advanced features a reinforced shipload rating and is safeguarded with shock packaging, ensuring secure transport of AI servers and liquid cooling systems. NetShelter Rack PDU Advanced: These power distribution units have been updated to support the high-current power needs of AI servers. Designed for efficient rack layouts, the NetShelter Rack PDU Advanced offers compact vertical and horizontal models with higher counts of dedicated circuits. Intelligent operational features now enabled by Schneider Electric's Network Management Card enhance security and provide seamless integration to EcoStruxure IT. NetShelter Open Architecture: This Open Compute Project (OCP) inspired rack architecture is available as a configure-to-order solution and includes open rack standards, power shelf and in-rack busbar. As part of this, a new Schneider Electric rack system has also been developed to support the NVIDIA GB200 NVL72 system that utilizes the NVIDIA MGX architecture in its rack design, integrating Schneider Electric into NVIDIA's HGX and MGX ecosystems for the first time. "Schneider Electric's innovative solutions provide the reliable, scalable infrastructure our customers need to accelerate their AI initiatives," said Vladimir Troy, vice president of data centre engineering, operations, enterprise software and cloud services at NVIDIA. "Together, we're addressing the rapidly growing demands of AI factories — from kilowatt to megawatt-scale racks—and delivering future-proof solutions that maximize scalability, density and efficiency." The new solutions and suite of engineered data centre reference designs equip data centre operators and Schneider Electric's partner ecosystem with the infrastructure and information needed to deploy powerful AI clusters faster and more reliably while addressing common barriers to adoption, including: Reliable power and cooling for AI workloads Deployment complexity and risk Speed to market and supply chain resilience Skills gap in managing advanced infrastructure These enhanced EcoStruxure offerings add to Schneider Electric's robust line of fully integrated, end-to-end AI infrastructure solutions — spanning advanced hardware, intelligent software, services such as EcoCare™ and EcoConsult for Data Centres, and strategic industry partnerships with key IT players. Schneider Electric is the partner of choice for building efficient, resilient, scalable and AI-optimized data centres. About Schneider Electric Schneider's purpose is to create Impact by empowering all to make the most of our energy and resources, bridging progress and sustainability for all. At Schneider, we call this Life Is On. Our mission is to be the trusted partner in Sustainability and Efficiency. We are a global industrial technology leader bringing world-leading expertise in electrification, automation and digitization to smart industries, resilient infrastructure, future-proof data centres, intelligent buildings, and intuitive homes. Anchored by our deep domain expertise, we provide integrated end-to-end lifecycle AI-enabled Industrial IoT solutions with connected products, automation, software and services, delivering digital twins to enable profitable growth for our customers. We are a people company with an ecosystem of 150,000 colleagues and more than a million partners operating in over 100 countries to ensure proximity to our customers and stakeholders. Learn more at or follow them on Instagram, X, Facebook, and LinkedIn at @SchneiderElectricCA. For media resources, visit Schneider Electric's online newsroom, View source version on Contacts For more information: Jodi Smith-MeisnerSchneider Electric Samiha FarihaSchneider Electric Canada1-647-268-6687sfariha@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
National Post
a day ago
- Business
- National Post
Schneider Electric Launches New Data Centre Solutions to Meet Challenges of High-Density AI and Accelerated Compute Applications
Article content Innovative prefabricated data centre architecture provides critical IT infrastructure for high-density computing clusters. New rack PDUs and rack systems are built for increased size and weight support, and feature direct-to-chip liquid cooling. Schneider Electric launches new Open Compute Project (OCP) inspired rack system to support NVIDIA MGX architecture. Article content MISSISSAUGA, Ontario — Schneider Electric, the leader in the digital transformation of energy management and automation, today announced new data centre solutions specifically engineered to meet the intensive demands of next-generation AI cluster architectures. Evolving its EcoStruxure™ Data Centre Solutions portfolio, Schneider Electric introduced a Prefabricated Modular EcoStruxure Pod Data Centre solution that consolidates infrastructure for liquid cooling, high-power busway and high-density NetShelter Racks. In addition, EcoStruxure Rack Solutions incorporate detailed rack configurations and frameworks designed to accelerate High Performance Computing (HPC) and AI data centre deployments. The new EcoStruxure Pod Data Centre and EcoStruxure Rack Solutions are now available globally. Article content Organizations are deploying AI clusters and grappling with extreme rack power densities, which are projected to reach 1MW and beyond. Schneider Electric's new line of solutions equips customers with integrated, data-validated, and easily scaled white space solutions that address new challenges in pod and rack design, power distribution and thermal management. Article content 'The sheer power and density required for AI clusters create bottlenecks that demand a new approach to data centre architecture,' said Himamshu Prasad, senior vice president of EcoStruxure IT, Transactional & Edge and Energy Storage Centre of Excellence at Schneider Electric. 'Customers need integrated infrastructure solutions that not only handle extreme thermal loads and dynamic power profiles but also deploy rapidly, scale predictably, and operate efficiently and sustainably. Our innovative next-generation EcoStruxure solutions that support NVIDIA technology address these critical requirements head on.' Article content Prefabricated Modular EcoStruxure Pod Data Centre: Prefabricated, scalable pod architecture enables operators to deploy high-density racks, supporting pods up to 1MW and beyond, at scale. Engineered-to-order, the new pod infrastructure offers flexibility and supports liquid cooling, power busway, complex cabling, as well as hot aisle containment, InRow and rear door heat exchanger cooling architectures. The Prefabricated Modular EcoStruxure Pod Data Centre is now shipping pre-designed and pre-assembled with all components for rapid deployment to support high-density workloads. EcoStruxure Rack Solutions: These reliable, high-density rack systems adapt to EIA, ORV3 and NVIDIA MGX modular design standards approved by leading IT chip and server manufacturers. Configurations accommodate a wide array of power and cooling distribution schemes and employ Motivair by Schneider Electric in-rack liquid cooling, as well as new and expanded rack and power distribution products, including: NetShelter SX Advanced Enclosure: This new line features taller, deeper, and stronger racks to support increased weight, cabling and infrastructure. NetShelter SX Advanced features a reinforced shipload rating and is safeguarded with shock packaging, ensuring secure transport of AI servers and liquid cooling systems. NetShelter Rack PDU Advanced: These power distribution units have been updated to support the high-current power needs of AI servers. Designed for efficient rack layouts, the NetShelter Rack PDU Advanced offers compact vertical and horizontal models with higher counts of dedicated circuits. Intelligent operational features now enabled by Schneider Electric's Network Management Card enhance security and provide seamless integration to EcoStruxure IT. NetShelter Open Architecture: This Open Compute Project (OCP) inspired rack architecture is available as a configure-to-order solution and includes open rack standards, power shelf and in-rack busbar. As part of this, a new Schneider Electric rack system has also been developed to support the NVIDIA GB200 NVL72 system that utilizes the NVIDIA MGX architecture in its rack design, integrating Schneider Electric into NVIDIA's HGX and MGX ecosystems for the first time. Article content 'Schneider Electric's innovative solutions provide the reliable, scalable infrastructure our customers need to accelerate their AI initiatives,' said Vladimir Troy, vice president of data centre engineering, operations, enterprise software and cloud services at NVIDIA. 'Together, we're addressing the rapidly growing demands of AI factories — from kilowatt to megawatt-scale racks—and delivering future-proof solutions that maximize scalability, density and efficiency.' Article content The new solutions and suite of engineered data centre reference designs equip data centre operators and Schneider Electric's partner ecosystem with the infrastructure and information needed to deploy powerful AI clusters faster and more reliably while addressing common barriers to adoption, including: These enhanced EcoStruxure offerings add to Schneider Electric's robust line of fully integrated, end-to-end AI infrastructure solutions — spanning advanced hardware, intelligent software, services such as EcoCare™ and EcoConsult for Data Centres, and strategic industry partnerships with key IT players. Schneider Electric is the partner of choice for building efficient, resilient, scalable and AI-optimized data centres. Article content About Schneider Electric Article content Schneider's purpose is to create Impact by empowering all to make the most of our energy and resources, bridging progress and sustainability for all. At Schneider, we call this Life Is On. Our mission is to be the trusted partner in Sustainability and Efficiency. We are a global industrial technology leader bringing world-leading expertise in electrification, automation and digitization to smart industries, resilient infrastructure, future-proof data centres, intelligent buildings, and intuitive homes. Anchored by our deep domain expertise, we provide integrated end-to-end lifecycle AI-enabled Industrial IoT solutions with connected products, automation, software and services, delivering digital twins to enable profitable growth for our customers. We are a people company with an ecosystem of 150,000 colleagues and more than a million partners operating in over 100 countries to ensure proximity to our customers and stakeholders. Learn more at or follow them on Instagram, X, Facebook, and LinkedIn at @SchneiderElectricCA. For media resources, visit Schneider Electric's online newsroom, Article content Article content Article content Article content Article content Contacts Article content For more information: Article content
