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News linked to both this project and an event.

South Korea Plans to Inject $14 Billion into Sovereign Wealth Fund, Betting on AI and Data Centers

According to Bloomberg, the South Korean government plans to inject 20 trillion won (approximately $13.9 billion) into the sovereign wealth fund Korea Investment Corporation (KIC), specifically for strategic investments in artificial intelligence, data centers, and infrastructure. This move marks the first time the fund has expanded its investment scope to domestic assets, against the backdrop of recent sharp declines in tech stocks. Funding sources include equity contributions from public institutions such as policy banks, with an initial scale of no less than 20 trillion won.

Goldman Sachs Bullish on AI Infrastructure, June Trading Near $7 Billion, SMCI Order Backlog $39 Billion

According to TechFlow Research, Goldman Sachs' June 30 AI Project Pulse Monthly Report shows that 7 major transactions tracked in June totaled nearly $7 billion. Argentum AI signed a $4.1 billion contract to deploy 27,000 GB300 GPUs for a leading AI company, supported by a 300MW Poland data center, going online in phases in 2026; India's Yotta Sovereign Cloud procured $2 billion worth of 20,736 B300s and 5,120 B200s, subsequently expanding to six Southeast Asian countries. Crypto mining farm AiOnX acquired 77% equity of Genesis Digital Assets for $500 million, converting 1.3GW of power from 15 mining farms to AI computing power. CoreWeave and Dell built the world's first fully validated Vera Rubin NVL72 rack, with 72 Rubin GPUs plus 36 Vera CPUs; NVDA confirmed mass production in the second half of 2026. SMCI raised $7 billion to address approximately $39 billion in backlog orders, covering more than 20 clients, with funds used to lock in upstream components in advance. Goldman Sachs simultaneously raised its global server market size forecast.