True
Hyundai AutoEver has secured an AI project in the Saemangeum region worth 114.6 billion won, marking the IT services unit of Hyundai Motor Group's entry into GPU-based services.
The project positions Hyundai AutoEver in the GPU services business, a growing segment as demand for AI computing infrastructure expands. The win represents a notable move for the company, which has traditionally focused on IT services for the automotive and industrial sectors.
Saemangeum, the large-scale land reclamation area on Korea's west coast, has been promoted by the government as a future site for AI data centers and related infrastructure. The investment by Hyundai AutoEver adds a private-sector anchor to those plans.
The company's involvement signals that Korean conglomerates are extending their AI ambitions beyond semiconductors and software into infrastructure services. Hyundai AutoEver, listed on the Korea Exchange (KOSPI: 307950), serves as the group's IT services arm.
The claim that Hyundai AutoEver entered the Saemangeum AI business with a 114.6 billion won investment and moved into GPU services is True.