{"id":81816,"date":"2025-10-28T14:30:55","date_gmt":"2025-10-28T11:30:55","guid":{"rendered":"https:\/\/gulftech-news.com\/en\/?p=81816"},"modified":"2025-10-28T14:30:57","modified_gmt":"2025-10-28T11:30:57","slug":"hypercycle-and-south-korean-consortium-launch-1-1-billion-joint-venture-to-establish-internet-of-ai-hub-in-seoul","status":"publish","type":"post","link":"https:\/\/gulftech-news.com\/en\/2025\/10\/28\/hypercycle-and-south-korean-consortium-launch-1-1-billion-joint-venture-to-establish-internet-of-ai-hub-in-seoul\/","title":{"rendered":"HyperCycle and South Korean Consortium Launch $1.1 Billion Joint Venture to Establish \u2018Internet of AI\u2019 Hub in Seoul"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"750\" height=\"750\" src=\"https:\/\/gulftech-news.com\/en\/wp-content\/uploads\/2025\/10\/Artboard-17.png\" alt=\"\" class=\"wp-image-81817\" srcset=\"https:\/\/gulftech-news.com\/en\/wp-content\/uploads\/2025\/10\/Artboard-17.png?v=1761651041 750w, https:\/\/gulftech-news.com\/en\/wp-content\/uploads\/2025\/10\/Artboard-17-300x300.png?v=1761651041 300w, https:\/\/gulftech-news.com\/en\/wp-content\/uploads\/2025\/10\/Artboard-17-150x150.png?v=1761651041 150w\" sizes=\"auto, (max-width: 750px) 100vw, 750px\" \/><figcaption class=\"wp-element-caption\">HyperCycle and South Korean Consortium Launch $1.1 Billion Joint Venture to Establish \u2018Internet of AI\u2019 Hub in Seoul<\/figcaption><\/figure>\n\n\n\n<p>HyperCycle, the Abu Dhabi\u2013based leader in \u201cInternet of AI\u201d (IoAI) infrastructure, has announced the launch of <strong>HyperCycle Korea<\/strong>, a <strong>$1.1 billion joint venture<\/strong> with a consortium of South Korean investors led by <strong>Addeep Inc.<\/strong> The partnership was officially reconfirmed during a ceremony at the <strong>National Assembly in Seoul<\/strong>, witnessed by senior representatives from both the UAE and South Korean governments.<\/p>\n\n\n\n<p>The initiative positions <strong>South Korea as Co-Lead #1<\/strong> of the global \u201cInternet of AI,\u201d alongside the UAE, marking HyperCycle\u2019s first international expansion. The venture aims to establish Seoul as a central hub for IoAI development by combining HyperCycle\u2019s revolutionary ledgerless AI infrastructure with Korea\u2019s advanced manufacturing and technological capabilities.<\/p>\n\n\n\n<p>The agreement includes <strong>$250 million in cash investment<\/strong>\u2014$25 million each from HyperCycle UAE and Addeep Inc., plus $200 million from the Korean investor consortium\u2014along with an <strong>in-kind contribution valued at $850 million<\/strong> from HyperCycle\u2019s 170,000 Node Factories. This asset-driven structure ensures HyperCycle Korea launches with a robust, revenue-generating foundation.<\/p>\n\n\n\n<p><strong>Toufi Saliba<\/strong>, CEO of HyperCycle, stated, <em>\u201cThis marks a pivotal step in building the global Internet of AI. With Korea as our co-lead, we are shaping a new era of economic and technological collaboration.\u201d<\/em><\/p>\n\n\n\n<p><strong>Kevin JaeYoung Yoon<\/strong>, Chairman and CVO of Addeep Inc., added that the venture will strengthen Korea\u2019s technological sovereignty, create jobs, and launch educational programs that prepare citizens to participate in the IoAI-driven economy.<\/p>\n\n\n\n<p>HyperCycle Korea\u2019s 10-year plan includes developing a <strong>20-megawatt data center<\/strong>, forming partnerships with educational institutions for AI training, and establishing a <strong>$200 million Strategic Enterprise Adoption Fund<\/strong> to drive industrial-scale adoption of its Node Factory technology.<\/p>\n\n\n\n<p>With this milestone, <strong>HyperCycle solidifies its position as a global enabler of the Internet of AI<\/strong>, accelerating cross-border innovation between the UAE and South Korea.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>HyperCycle and South Korean Consortium Launch $1.1 Billion Joint Venture to Establish \u2018Internet of AI\u2019 Hub in Seoul HyperCycle, the Abu Dhabi\u2013based leader in \u201cInternet of AI\u201d (IoAI) infrastructure, has announced the launch of HyperCycle Korea, a $1.1 billion joint venture with a consortium of South Korean investors led by Addeep Inc. The partnership was &hellip;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[644],"tags":[4120,4121],"class_list":["post-81816","post","type-post","status-publish","format-standard","hentry","category-communications-technology","tag-hypercycle","tag-ioai"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>HyperCycle and South Korean Consortium Launch $1.1 Billion Joint Venture to Establish \u2018Internet of AI\u2019 Hub in Seoul - Gulf Tech News<\/title>\n<meta name=\"description\" content=\"HyperCycle and South Korean Consortium Launch $1.1 Billion Joint Venture to Establish \u2018Internet of AI\u2019 Hub in Seoul\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gulftech-news.com\/en\/2025\/10\/28\/hypercycle-and-south-korean-consortium-launch-1-1-billion-joint-venture-to-establish-internet-of-ai-hub-in-seoul\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HyperCycle and South Korean Consortium Launch $1.1 Billion Joint Venture to Establish \u2018Internet of AI\u2019 Hub in Seoul - 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