Doosan Invests $3.992 Billion in AI Data Center Materials Factory

Doosan has invested $3.992 billion in a factory to produce materials for AI data centers in Gimje, South Korea. This is a significant investment, as it is five times the initial investment of $693 million made in 2022. The investment is part of a agreement between Doosan and the Gimje city government to establish a production facility for AI data center materials. The facility is expected to be operational from November 2026 to October 2028.