According to Reuters, Amazon (AMZN) and SK Group will jointly invest approximately $5 billion to construct South Korea's largest AI data center, breaking ground in September 2024 and expected to be fully operational by 2029 with a capacity of 100 megawatts. This major infrastructure move is expected to enhance South Korea’s AI and cloud computing capabilities, potentially driving increased demand for blockchain and cryptocurrency solutions in the region. Traders should monitor related crypto sectors such as AI-powered tokens and blockchain projects linked to cloud infrastructure, as regional investment in high-performance computing may boost adoption and liquidity in these segments (Source: Reuters).