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SK chairman calls for sustainable AI biz model amid investment boom

Summary by The Korea Times
SK Group Chairman Chey Tae-won has called for efforts to develop a sustainable business model for artificial intelligence (AI), saying massive investment in the technology must ultimately generate returns to sustain investment and growth. Chey made the remarks Friday at Ulsan Forum 2026, the group's annual gathering in Ulsan, a southeastern industrial city where SK is developing a large-scale AI data center with Amazon Web Services (AWS). "If hu…

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Taewon Choi, Chairman of SK Group, presented 'commercialization' and 'sustainability' as the next challenges in the artificial intelligence (AI) competition. Since huge resources have been invested, it is necessary to create a structure where AI actually makes a profit. At the '2026 Ulsan Forum' held at Ulsan Exhibition and Convention Center (UECO) on the 11th, Chairman Choi said, “If all humanity put this much energy into AI, we will somehow cr…

(Ulsan=Yonhap News) Reporter Im Seong-ho = SK Group Chairman Chey Tae-won is strengthening the competitiveness of Manufacturing AI Transformation (AX) in Ulsan, the birthplace of the group, and [using] Artificial Intelligence (AI)...

·Seoul, Korea (the Republic of)
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SK Group Chairman Chey Tae-won stated that the construction of the AI Data Center (DC) currently underway in Ulsan is progressing rapidly and that an announcement will be made soon. He also emphasized that SK Innovation, an energy company, is transforming into a firm that provides AI Transformation (AX) consulting services. Meeting with reporters immediately after attending the ‘2026 Ulsan Forum’ held at the Ulsan Exhibition & Convention Center …

[Digital Daily Reporter Ko Seong-hyeon] SK Group Chairman Chey Tae-won presented an "AI City" as the future vision for Ulsan, combining manufacturing AI with civic life and art. The plan envisions developing Ulsan into a future industrial city by combining not only strengthened manufacturing competitiveness but also AI that citizens can experience firsthand with cultural elements. According to SK on the 13th, Chairman Chey emphasized three dire…

SK Group Chairman Chey Tae-won proposed an "AI City," where artificial intelligence (AI) and art coexist, as the future direction for Ulsan's development. His vision is to elevate Ulsan's value by going beyond merely strengthening manufacturing competitiveness to enhancing citizen happiness through AI and adding a touch of sensibility to the industrial city. Chairman Chey made these remarks while attending the closing session of the "2026 Ulsan…

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asiae.co.kr broke the news on Saturday, September 12, 2026.
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