NVIDIA-backed Nscale accelerates its presence in South Korea, planning to build at least two AI data centers
2026-11-12 19:16:34
According to CoinMeta, Nscale, a British artificial intelligence cloud service provider supported by NVIDIA, is accelerating its entry into the Korean market. The company plans to build at least two AI data centers (AIDC) and established a Korean legal entity named „nscale services kr“ in July this year, which is specifically responsible for the investment and operational management of these data centers. The project is located in Gwimwi-si, Gyeongsangbuk-do. Initially, a consortium was planned to build a AI data center with a capacity of 300MW (phase one), but this has now been adjusted to have Nscale and another party each building two data centers. Nscale is currently advancing the approval procedures before commencement of construction and is also looking for new projects in other regions, considering expansion through new construction, renovation, and leasing of data centers. This move may be related to the increasing regulatory risks for data centers in the United States. Goldman Sachs estimates that about 45% of the new AI data center capacity in the US will be affected by regulations, prompting computing power companies to accelerate their distribution into Asian and overseas markets. Meanwhile, the CoreWeave and AWS projects, as well as the SK group's Ulsan AI data center, are also in progress. Microsoft has also started the construction of its third data center in Busan.
Bullish 0
Bearish 0
Source:Internet
This content is for market information only and does not constitute investment advice.