( March 17, 2026, 02:30 GMT | Official Statement) -- MLex Summary: South Korea’s Shinsegae Group said it signed a memorandum of understanding with US-based artificial intelligence company Reflection AI on Monday to form a partnership that includes a project to build what will be South Korea’s largest AI data center. The 250-megawatt AI data center will be powered by Reflection’s open-weight foundation models and Nvidia GPUs and will serve as the foundation for a sovereign AI cloud platform for enterprises and government agencies across the country, Shinsegae said. Under the partnership, Shinsegae said it aims to emerge as an AI cloud provider with the most advanced technological capabilities and data security in South Korea, contributing to strengthening the country’s AI competitiveness. Shinsegae Group’s businesses span department stores, discount retail, e-commerce, food and property development.The statement is attached (in Korean)....
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