2.08 Trillion Won Investment
Final Project Operator to Be Selected Next Month

A total of five companies—Naver Cloud, KT Cloud, Samsung SDS, Coupang, and ELICE Group—have participated in the government-led advanced Graphics Processing Unit (GPU) project bidding.

Naver, KT, Samsung, Coupang, and ELICE Join Government GPU Project Bid View original image

According to the government and industry on April 13, these five companies have applied for the GPU procurement, establishment, and operation support project, which is being promoted by the Ministry of Science and ICT and the National IT Industry Promotion Agency (NIPA) and is valued at 2 trillion won.


This project is part of the initiative to build an "AI highway" in order to become one of the top three global AI powerhouses. The main objective is to select private companies that can rapidly secure the latest GPUs and establish and operate them at scale. The government plans to invest a total of 2.08 trillion won to purchase GPU servers and related equipment, and then supply them to academia, industry, and research institutes.


Going forward, the Ministry of Science and ICT will go through procedures including document compliance review, presentation evaluation, onsite inspections at data centers, and project budget review and adjustment. The final project operator will be selected and an agreement will be signed next month.



The final selected company will be announced after the agreement is signed.


This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing