SK Hynix AI arm buys US$377 million stake in Penguin Solutions from SK Telecom

T2Covered by 1 source · first reported by JP/KR/TW: Korea Herald / Taipei Times / DigiTimes at 06 Nov, 03:01 UTC

SK Hynix's US-based artificial intelligence (AI) investment arm, HYAICO Corporation, has acquired a stake in AI infrastructure provider Penguin Solutions from an SK Telecom affiliate for US$377.16 million, according to filings with the US Securities and Exchange Commission (SEC).

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Sources

• T2SK Hynix AI arm buys US$377 million stake in Penguin Solutions from SK TelecomJP/KR/TW: Korea Herald / Taipei Times / DigiTimes06 Nov, 03:01