$50 Million joint investment to kick off the construction, with the goal to build a total capacity of 40 MW in the future.

SEOUL: GoodVision AI and ATTO Research today announced a memorandum of understanding to jointly develop a network of AI data centers (AIDCs) across South Korea. The agreement, signed April 16, 2026, commits a minimum of US$50 million toward AI data center construction, GPU infrastructure, and financing solutions tailored to AI and digital infrastructure assets.

Facilities will be developed in locations near Seoul, Busan, and Daegu. The project is structured in phases: an initial build of 0.75MW of AI Factory compute capacity, followed by a second phase targeting 5.5MW by 2027, with a long-term goal of 40MW of combined capacity across multiple sites.

The partnership addresses one of South Korea’s most pressing AI infrastructure challenges. Traditional data center construction takes years, while enterprise customers can procure GPU servers in a matter of months. That timing gap is forcing delays and cancellations in AI workload deployments across the country. By delivering modular AIDCs on timelines synchronized with GPU procurement cycles, GoodVision AI and ATTO Research aim to give enterprises the capacity they need, where they need it, when they need it.

Under the agreement, ATTO Research contributes site and power infrastructure resources, expertise in power sourcing and network integration, and extensive local development experience in South Korea. GoodVision AI contributes AI inference computing expertise, AI Factory deployment capabilities, intelligent compute scheduling, and edge AI network expansion.

Davy Wang, CEO of GoodVision AI said, “South Korea is one of the most dynamic AI markets in Asia, and demand for purpose-built compute capacity is outpacing what traditional data center development can deliver. This partnership gives GoodVision AI the right foundation to build at scale in Korea, and we are committed to executing across multiple sites and phases through 2027.”

Dr. Jae Woong Chung, CEO of ATTO Research, Professor at KAIST (Korea Advanced Institute of Science and Technology), and Head of the Task Force at the Presidential Council on National Artificial Intelligence Strategy, “Korea’s enterprises are ready to deploy AI at scale, but the infrastructure is not keeping pace. New data center space takes years. GPU servers arrive in months. ATTO Research has been working on this problem, and partnering with GoodVision AI gives us the AI inference expertise and deployment capability to close that gap faster and at greater scale.”

No Offer or Solicitation

This press release shall not constitute a solicitation of any proxy, vote, consent or approval in any jurisdiction in connection with the proposed transaction and shall not constitute an offer to sell or a solicitation of an offer to buy the securities of ALIS, GoodVision AI or the combined company resulting from the proposed transaction, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under securities laws of such state or jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of the Securities Act. This press release is restricted by law; it is not intended for distribution to, or use by any person in, any jurisdiction in which such distribution or use would be contrary to local law or regulation.

Fonte: Business Wire