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KT to Invest $11.8 Billion in AI Infrastructure and Stablecoin Business on July 6

AI Industry News AI Tokens

2026-07-06 04:01:14

According to Yonhap, KT Corp., a South Korean telecoms operator, announced on July 6 that it will invest approximately 18 trillion won ($11.8 billion) over the next three years to expand AI infrastructure and become an AI platform company. The investment includes 5 trillion won ($3.25 billion) for AI data centers with 1 gigawatt of capacity, 4 trillion won ($2.6 billion) for zero-trust cybersecurity and IT innovation, and 1 trillion won ($650 million) for submarine cables. KT also announced plans to build a token factory and enter stablecoin-related businesses.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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