{"id":799397,"date":"2025-01-09T19:10:10","date_gmt":"2025-01-10T00:10:10","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/penguin-solutions-signs-ai-data-center-collaboration-agreement-with-sk-telecom-and-sk-hynix\/"},"modified":"2025-01-09T19:10:10","modified_gmt":"2025-01-10T00:10:10","slug":"penguin-solutions-signs-ai-data-center-collaboration-agreement-with-sk-telecom-and-sk-hynix","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/penguin-solutions-signs-ai-data-center-collaboration-agreement-with-sk-telecom-and-sk-hynix\/","title":{"rendered":"Penguin Solutions Signs AI Data Center Collaboration Agreement with SK Telecom and SK hynix"},"content":{"rendered":"

<\/p>\n

Penguin Solutions Signs AI Data Center Collaboration Agreement with SK Telecom and SK hynix<\/b><\/p>\n

Collaboration expected to provide technology and capabilities to deliver comprehensive AI data center solutions and services to expanded geographic regions<\/i><\/p>\n

LAS VEGAS–(BUSINESS WIRE<\/a>)–Penguin Solutions, Inc.<\/a>(Penguin Solutions; Nasdaq: PENG<\/a>) today announced it has entered into a strategic collaboration agreement with SK Telecom (\u201cSKT\u201d) and SK hynix to pursue the development and delivery of comprehensive AI data center (\u201cAIDC\u201d) solutions. The agreement, signed during CES 2025 in Las Vegas, follows the December closing of SKT\u2019s $200 million strategic investment<\/a> in Penguin Solutions as the AI infrastructure market continues to gain traction across a broad array of industries.<\/p>\n

This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20250109090038\/en\/<\/a><\/p>\n

\"Photo<\/p>\n

Photo L to R: Ju Seon Kim, President AI Infrastructure SK hynix; Young Sang Ryu, President and CEO SK Telecom; and Mark Adams, President and CEO Penguin Solutions join hands after the signing ceremony at CES to celebrate entering into a strategic collaboration agreement to pursue the development and delivery of comprehensive AI data center solutions. (Photo: Business Wire)<\/p>\n<\/div>\n

\nPartnering with SKT and SK hynix is expected to enhance Penguin Solutions\u2019 ability to deliver AI infrastructure solutions and services efficiently to additional markets and regions. The collaboration emphasis is on increasing each company\u2019s ability to research, develop, and market high-performance, high-availability accelerated computing technologies and solutions.<\/p>\n

\nUtilization rates of AI compute clusters is enriched through Penguin Solutions\u2019 OriginAI\u00ae<\/sup> solution architecture<\/a>, which is based on Penguin Solutions\u2019 Scyld ClusterWare\u00ae<\/sup> intelligent management software<\/a>. Penguin Solutions\u2019 Scyld ClusterWaresoftware, when combined with SKT\u2019s AI infrastructure management software, can expand capabilities for simplified installation, deployment and optimization of a full-stack AI deployment that can be managed end-to-end by Penguin Solutions\u2019 expert AI services team. Additionally, SK hynix and SMART Modular Technologies<\/a>, a product brand of Penguin Solutions, plan to collaborate to develop innovative memory solutions that enhance efficiency and performance in accelerated compute infrastructure environments.<\/p>\n

\n\u201cWe are committed to solve the complexity of AI by designing, building, deploying, and managing cutting-edge solutions that enable us to support our customers on their AI journeys,\u201d said Mark Adams, president and CEO of Penguin Solutions. \u201cThis collaboration agreement reflects a shared vision of leveraging our companies\u2019 combined strengths to deliver a broad portfolio of high-performance AI solutions to customers across the globe.”<\/p>\n

\n\u201cThis collaboration agreement lays the foundation for building globally competitive AI data centers,\u201d said Ryu Young-sang, CEO of SK Telecom. \u201cWe will combine the unique technologies of SK Group, such as semiconductors, energy, cooling and memory, with cooperation from global companies to discover and develop a highly competitive AI infrastructure business model.\u201d<\/p>\n

\n\u201cInnovation of semiconductor memory technology is essential for the efficient operation of AI data centers, with improving power efficiency and heat dissipation performance being a key challenge,\u201d SK hynix said. \u201cThrough collaboration with SK Telecom and Penguin Solutions, we plan to overcome the limitations of memory technology and lead the expansion of the global AI ecosystem.”<\/p>\n

\nPenguin Solutions provides premiere AI infrastructure expertise with more than 25 years of designing, building, deploying, and managing HPC with a proven track record of more than 85,000 GPUs deployed and amassing 2 billion hours of runtime data. Since 2017, Penguin Solutions has built AI factories for some of the biggest names in tech along with major enterprises, government agencies and academic institutions. The company\u2019s intelligent, intuitive cluster management software streamlines the administration and optimizes the availability of these computing resources, transforming raw hardware, network, and software resources into sophisticated high-performance AI and HPC clusters.<\/p>\n

\nPenguin Solutions will be on display in the \u201cAlliance Zone\u201d of the SK Telecom booth #17726 at CES<\/a> in the Central Hall of the Las Vegas Convention Center, January 7-10, 2025.<\/p>\n

Penguin Solutions, Scyld ClusterWare, and SMART Modular Technologies are trademarks or registered trademarks owned within the family of companies owned by Penguin Solutions, Inc. All other trademarks are the property of their respective owners.<\/i><\/p>\n

About Penguin Solutions<\/b><\/p>\n

\nThe most exciting technological advancements are also the most challenging for companies to adopt. At Penguin Solutions, we support our customers in achieving their ambitions across our computing, memory, and LED lines of business. With our expert skills, experience, and partnerships, we turn our customers\u2019 most complex challenges into compelling opportunities.<\/p>\n

\nFor more information, visit https:\/\/www.penguinsolutions.com<\/a>.<\/p>\n

About SK Telecom<\/b><\/p>\n

\nSK Telecom has been leading the growth of the mobile industry since 1984. Now, it is taking customer experience to new heights by extending beyond connectivity. By placing AI at the core of its business, SK Telecom is rapidly transforming into an AI company with a strong global presence. It is focusing on driving innovations in areas of AI Infrastructure, AI Transformation (AIX) and AI Service to deliver greater value for industry, society, and life.<\/p>\n

\nFor more information, please contact skt_press@sk.com<\/a> or visit our LinkedIn page www.linkedin.com\/company\/sk-telecom<\/a>.<\/p>\n

About SK hynix<\/b><\/p>\n

\nSK hynix Inc., headquartered in Korea, is the world\u2019s top tier semiconductor supplier offering Dynamic Random Access Memory chips (\u201cDRAM\u201d), flash memory chips (\u201cNAND flash\u201d) and CMOS Image Sensors (\u201cCIS\u201d) for a wide range of distinguished customers globally. The Company\u2019s shares are traded on the Korea Exchange, and the Global Depository shares are listed on the Luxembourg Stock Exchange. Further information about SK hynix is available at www.skhynix.com<\/a>, news.skhynix.com<\/a>.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20250109090038\/en\/<\/a><\/span><\/p>\n

Penguin Solutions Contacts
\n<\/b>
Suzanne Schmidt
\n
Investor Relations
\n
(510) 360-8596
\n
ir@sghcorp.com<\/a><\/p>\n

\nMaureen O\u2019Leary
\n
Corporate Communications
\n
(602) 330-6846
\n
pr@sghcorp.com<\/a><\/p>\n

SK Telecom Contacts
\n<\/b>
Mina Ryu
\n
SK Telecom Co., Ltd.
\n
+82 10 3740 5185
\n
mnryu@sk.com<\/a><\/p>\n

\nMinyoung Kim
\n
SK Telecom Co., Ltd.
\n
+82 10 6558 6441
\n
my_k@sk.com<\/a><\/p>\n

SK hynix Contact
\n<\/b>
Sooyeon Lee
\n
SK hynix Inc.
\n
+82 10 5292 3854
\n
sooyeon0.lee@sk.com<\/a><\/p>\n

KEYWORDS:<\/b> California Nevada South Korea United States North America Asia Pacific<\/p>\n

INDUSTRY KEYWORDS:<\/b> Data Management Semiconductor Technology Telecommunications Mobile\/Wireless Software Artificial Intelligence<\/p>\n

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Photo L to R: Ju Seon Kim, President AI Infrastructure SK hynix; Young Sang Ryu, President and CEO SK Telecom; and Mark Adams, President and CEO Penguin Solutions join hands after the signing ceremony at CES to celebrate entering into a strategic collaboration agreement to pursue the development and delivery of comprehensive AI data center solutions. (Photo: Business Wire)<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Penguin Solutions Signs AI Data Center Collaboration Agreement with SK Telecom and SK hynix Collaboration expected to provide technology and capabilities to deliver comprehensive AI data center solutions and services to expanded geographic regions LAS VEGAS–(BUSINESS WIRE)–Penguin Solutions, Inc.(Penguin Solutions; Nasdaq: PENG) today announced it has entered into a strategic collaboration agreement with SK Telecom (\u201cSKT\u201d) and SK hynix to pursue the development and delivery of comprehensive AI data center (\u201cAIDC\u201d) solutions. The agreement, signed during CES 2025 in Las Vegas, follows the December closing of SKT\u2019s $200 million strategic investment in Penguin Solutions as the AI infrastructure market continues to gain traction across a broad array of industries. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20250109090038\/en\/ … <\/p>\n

Continue reading “Penguin Solutions Signs AI Data Center Collaboration Agreement with SK Telecom and SK hynix”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-799397","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nPenguin Solutions Signs AI Data Center Collaboration Agreement with SK Telecom and SK hynix - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/penguin-solutions-signs-ai-data-center-collaboration-agreement-with-sk-telecom-and-sk-hynix\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Penguin Solutions Signs AI Data Center Collaboration Agreement with SK Telecom and SK hynix - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Penguin Solutions Signs AI Data Center Collaboration Agreement with SK Telecom and SK hynix Collaboration expected to provide technology and capabilities to deliver comprehensive AI data center solutions and services to expanded geographic regions LAS VEGAS–(BUSINESS WIRE)–Penguin Solutions, Inc.(Penguin Solutions; Nasdaq: PENG) today announced it has entered into a strategic collaboration agreement with SK Telecom (\u201cSKT\u201d) and SK hynix to pursue the development and delivery of comprehensive AI data center (\u201cAIDC\u201d) solutions. The agreement, signed during CES 2025 in Las Vegas, follows the December closing of SKT\u2019s $200 million strategic investment in Penguin Solutions as the AI infrastructure market continues to gain traction across a broad array of industries. This press release features multimedia. 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The agreement, signed during CES 2025 in Las Vegas, follows the December closing of SKT\u2019s $200 million strategic investment in Penguin Solutions as the AI infrastructure market continues to gain traction across a broad array of industries. This press release features multimedia. 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