SC Capital and NeoAI Cloud Partner on South Korea AI Data Center

Oct 19, 2026
SC Capital Partners and NeoAI Cloud have invested in a 40 MW AI data centre in Pohang, South Korea, due for completion by the end of 2027, with a 260 MW second phase planned.

SC Capital Partners and NeoAI Cloud have invested in a 40 MW AI data centre project in Pohang, South Korea, according to W.Media. The project has also secured investment from government-backed capital.

The facility is designed for high-density AI workloads and will use liquid cooling to support GPUs including NVIDIA Vera Rubin. It is expected to be completed by the end of 2027 and will combine data centre space with GPU-as-a-Service and AI platform capabilities.

The project has power approval and building permits, construction is underway, and it has secured an anchor tenant. NeoAI Cloud plans a 260 MW second phase, which would bring the site's planned total capacity to 300 MW.

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