Samsung plans to build its first AI Data Centre

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As a seasoned researcher with a keen interest in tech giants and their strategic moves, I find Samsung SDS’s decision to establish its first AI data center intriguing. Having closely followed the industry trends for years, I can attest that this move comes at an opportune time, given the escalating demand for AI computing power globally.

Samsung’s IT Services division, a branch of the South Korean tech giant Samsung, is preparing to establish its first Artificial Intelligence (AI) data center in Gumi, South Korea.

With this move, the company is aiming to drive the wave of growing global demand for AI computing power. The company has already acquired land and infrastructure for approximately $15 million for the plan. 

According to a study conducted by IDC, we can anticipate a significant surge in AI tasks in the coming years. By 2027, it’s expected that data center capacities will grow at an annual rate of 40.5%, a remarkable increase indeed. Notably, tech heavyweights such as Microsoft, Amazon Web Services, and Google Cloud have plans to expand their infrastructures to accommodate this growth.

With Samsung SDS entering the competition, the firm is significantly increasing its financial commitments to maintain a strong position in this rapidly changing market.

In a recent study, the company stated that AI technology is significantly propelling advancements across multiple industries. Moreover, they emphasized that the use of AI is swiftly increasing, especially within fields such as healthcare, finance, and manufacturing.

Looking back at Q3 2024, I’m thrilled to share that our cloud services sector saw remarkable growth, with a substantial 35% increase in revenue. Moreover, our strategic alliance with Microsoft Azure for the rollout of FabriX AI service underscores our dedication to establishing a stronger presence in the burgeoning AI market.

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2024-12-20 16:37