SK Hyper plans to raise $350 billion to build a data center in South Korea SK Hyper plans to raise $350 billion for the construction of data centers in South Korea, with the goal of building 15 gigawatts of capacity by 2035. CEO Chung Suk geun stated that the first phase of 5 gigawatts of construction alone requires $350 billion. The company plans to complete the first round of external financing by the end of this year or early 2027 and share the construction costs with tenants and investors. (Source: Jin Shi)