Shinhan Investment Corp has invested $5 million in the U.S. smart factory company Bright Machines.

COMPANY / Reporter Kim SangJin / 2024-06-28 03:07:11

(Photo= Yonhap news)

 

[Alpha Biz= Reporter Kim Sangjin] Shinhan Investment Corp. announced on the 27th that it has invested $5 million in Bright Machines, a U.S. company specializing in smart factory solutions for data center servers. 

 

Bright Machines focuses on factory automation and has demonstrated its technological capabilities through equipment deliveries to companies like Amazon and Dell. With the proliferation of AI technologies such as generative AI, its automation solutions are expected to address the global big tech sector's shortage in data center supply.

This investment round, totaling $126 million, also saw strategic participation from NVIDIA, Microsoft, and Zymergen. Major institutional investors such as BlackRock joined Shinhan Investment Corp. in providing financial support. With this funding, Bright Machines plans to develop cloud-based digital twin technologies and ramp up production of equipment for disassembling and reassembling data center servers.

 

 

Alphabiz Reporter Kim SangJin(letyou@alphabiz.co.kr)

어플

주요기사

Bomb Threats Target Major Korean Companies Including Samsung Electronics
FSS Raises Consumer Alert to “Warning” Over Secondary Scams Linked to Coupang Data Breach
Final U.S. Defense Authorization Bill Omits Provisions Supporting South Korea-Japan Shipbuilding Cooperation
Controversy Surrounds KT’s Former Outside Director Cho Seung-ah Amid Dual Directorship Issue
Samsung Securities Lowers LG Energy Solution Target Price to KRW 480,000 Amid Contract Cancellations
뉴스댓글 >

건강이 보이는 대표 K Medical 뉴스

SNS