New Delhi, July 25 -- 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.

Meanwhile, SK Telecom plans to build a 2-gigawatt AI data centre powered by Nvidia's Vera Rubin chips and SK Hynix's HBM4 high-bandwidth memory, with the first facility due to come online in 2027, Nvidia added.

"South Korea has all the ingredients to become a global AI powerhouse - world-class networks and data centers, leadership in...