National FOMO! "Korean version of Stargate" is here, South Korea is going to build the world's largest data center

Wallstreetcn
2025.02.19 00:21
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South Korea plans to build the world's largest artificial intelligence data center, with an initial investment of $10 billion and a long-term investment of up to $35 billion, featuring a power capacity of 3 gigawatts, expected to be completed by 2028. The project will serve globally, with competitors including data centers in Malaysia, Thailand, and India. Analysts point out that power has become a bottleneck in the development of AI models, and it is expected that by 2030, the most advanced AI models will require over 5 gigawatts of power

"The Korean version of Stargate" is here, with a power capacity larger than the American version.

On February 18th local time, according to The Wall Street Journal, the investment group Stock Farm Road plans to build one of the world's largest artificial intelligence data centers in South Korea. The project is initially set to invest $10 billion, with a long-term investment of up to $35 billion, and will provide up to 3 gigawatts (1 gigawatt = 1 billion watts) of power.

The project is scheduled to start early this year and is expected to be completed by 2028, located in the southwestern region of South Korea, away from Seoul. Brian Koo, the founder of the investment group, stated that this facility will serve not only South Korea but also the global market.

Analysts noted that the 3 gigawatts of power capacity is nearly three times the planned capacity of the Texas data center complex funded by the U.S. "Stargate" project.

Currently, there are only a few facilities worldwide that can provide over 1 gigawatt of power, making the electricity required for artificial intelligence computing increasingly scarce, and power has become a bottleneck for the development of AI models.

Research firm Epoch AI indicates that by 2030, the most advanced AI models will require over 5 gigawatts of power.

Many regions around the world are actively building data centers, and analysts believe that this project in South Korea will compete with several data centers in countries like Malaysia, Thailand, and India. Jingwen Ong, research manager at the research firm DC Byte for the Asia-Pacific region, stated:

"If they can complete it on time and at a low cost, this facility in South Korea will definitely have a chance to compete."

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