SK Hynix established Hyaico, an American AI investment subsidiary, with SK Group Chairman Choi Tae-won as the chairman to coordinate investment of up to 10 billion US dollars in the US AI industry. The chip manufacturer submitted documents to the US SEC on Tuesday to officially announce the entity's name and management structure; when the plan was disclosed to the public in January of this year, it used the temporary name AI Co. HYAICO will rely on SK Hynix's NAND flash memory subsidiary SoliDigm in the US to operate and invest in infrastructure projects such as American AI companies and AI factories. The investment platform will help SK Group expand from the memory chip circuit to the outside, lay out a broader AI ecosystem, and connect the Group's affiliated companies to share technology and business opportunities. Hyaico uses a funding commitment system, and SK Hynix and other investors then invest in installments when suitable investment opportunities arise. The planned $10 billion is the maximum amount of committed funding; it is not an immediate investment.

SK Hynix established Hyaico, an American AI investment subsidiary, with SK Group Chairman Choi Tae-won as the chairman to coordinate investment of up to 10 billion US dollars in the US AI industry. The chip manufacturer submitted documents to the US SEC on Tuesday to officially announce the entity's name and management structure; when the plan was disclosed to the public in January of this year, it used the temporary name AI Co. HYAICO will rely on SK Hynix's NAND flash memory subsidiary SoliDigm in the US to operate and invest in infrastructure projects such as American AI companies and AI factories. The investment platform will help SK Group expand from the memory chip circuit to the outside, lay out a broader AI ecosystem, and connect the Group's affiliated companies to share technology and business opportunities. Hyaico uses a funding commitment system, and SK Hynix and other investors then invest in installments when suitable investment opportunities arise. The planned $10 billion is the maximum amount of committed funding; it is not an immediate investment.