Public Event Detail
Three Asian Telecoms Launch $500 Million IOWN AI Fund to Power AI Data Centers With Optics
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2026-06-10NVDANvidiaAlpha Vantage Newsproduct_launch
Event summary
Three major East Asian telecom operators—SK Telecom, NTT, and Chunghwa Telecom—are jointly creating a $500 million fund, the IOWN AI Fund, to invest in next-generation AI technologies. The fund focuses on addressing the power demands of AI data centers by leveraging NTT's IOWN optical network, which aims to drastically reduce energy consumption and latency. This initiative seeks to build out the regional AI ecosystem and support startups across the AI value chain, from infrastructure to applications.
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