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    Nvidia, SK Group announce $500 billion AI initiative, Huang says, ‘powering next wave of growth’

    Neha Kumari
    By Neha KumariJuly 27, 2026

    NVIDIA and South Korea’s SK Group on Friday unveiled a more than $500 billion AI initiative spanning large-scale AI data centres and next-generation memory, NVIDIA said.

    The initiative includes a long-term partnership with SK Hynix to secure a next-generation memory supply for Nvidia and to jointly develop high-bandwidth memory for AI training, AI agents, and physical AI applications.

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