KakaoBank Collaborates with Digital Realty to Establish AI Lab in Seoul

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Title: KakaoBank Collaborates with Digital Realty’s ICN10 Data Centre to Drive AI Innovation

KakaoBank, a leading mobile bank in Korea, is set to enhance its AI-powered services through a strategic investment in Digital Realty’s ICN10 data centre in Seoul. This collaboration will enable KakaoBank to accelerate its AI-driven advancements, develop personalized content, and engage in research and development for new financial solutions.

Digital Realty, a global provider of cloud-and-carrier-neutral data centre, colocation, and interconnection solutions, was chosen by KakaoBank for its exceptional infrastructure and expertise in delivering a dedicated, high-performance, and reliable environment. With optimized cooling, layout, and connectivity options, ICN10 is perfectly suited to support effective AI deployments.

To handle advanced AI workloads such as generative AI, the ICN10 data centre is equipped with high-density colocation services capable of supporting up to 70 kilowatts (kW) per rack. This enables KakaoBank to meet the demands of compute-intensive operations. The data centre also boasts innovative Air-Assisted Liquid Cooling (AALC) technologies, ensuring efficient heat dissipation and reliable support for the highest-performance graphics processing unit (GPU) servers in the industry.

Digital Realty’s modular and flexible data centre design allows KakaoBank to swiftly deploy its AI solution at ICN10, with room to scale as their requirements evolve.

Reliability is of utmost importance in the financial services industry, as any disruptions can lead to a breakdown in customer trust. To ensure seamless operation, Digital Realty’s ICN10 data centre features a redundant electrical and mechanical infrastructure design, guaranteeing uninterrupted service. In fact, Digital Realty has been awarded Uptime Institute’s Tier 3 rating for maintenance without interruption, showcasing its commitment to high availability.

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AI applications heavily rely on data, and the ability to extract insights from diverse datasets is crucial. With PlatformDIGITAL, Digital Realty’s global data centre platform, KakaoBank gains secure and highly performant access to data sets across its ecosystem, facilitated by ServiceFabric, Digital Realty’s global service orchestration platform. Moreover, ICN10’s dedicated access to AWS Direct Connect allows KakaoBank to seamlessly connect its private infrastructure to the AWS Asia Pacific (Seoul) Region, providing a low-latency, high-performance, secure, and cost-effective solution.

Located in Seoul’s Digital Media City, ICN10 offers KakaoBank a central location and a network-neutral environment. This minimizes latency and provides abundant connectivity options to other domestic financial institutions’ data centres across the country, giving KakaoBank a competitive edge.

Hyun-chul Ahn, Chief Research and Development Officer of KakaoBank, stated that the establishment of the AI lab opens up opportunities for collaboration with the Kakao community, external academia, and other companies. He emphasized KakaoBank’s commitment to accelerating various AI-based businesses and research to enhance technological capabilities and continuously attract more customers.

Chris Han, Vice President and Head of Korea at Digital Realty, acknowledged Korea’s rapid growth in the AI market and expressed Digital Realty’s dedication to support KakaoBank’s AI innovation in the financial sector.

This collaboration between KakaoBank and Digital Realty’s ICN10 data centre sets the stage for an exciting advancement in AI-driven financial services in Korea, fostering innovation and delivering enhanced customer experiences.

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Advait Gupta
Advait Gupta
Advait is our expert writer and manager for the Artificial Intelligence category. His passion for AI research and its advancements drives him to deliver in-depth articles that explore the frontiers of this rapidly evolving field. Advait's articles delve into the latest breakthroughs, trends, and ethical considerations, keeping readers at the forefront of AI knowledge.

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