Ministry of Science and ICT logo./Courtesy of Ministry of Science and ICT

A total of four bidders (consortia) submitted proposals for the Ministry of Science and ICT's 'Graphics Processing Unit (GPU) procurement project'.

According to the information technology (IT) industry on that day, the result of the Ministry of Science and ICT's 'GPU procurement project' bidding revealed that four entities, including Naver Cloud, Kakao Enterprise, NHN Cloud, and Coupang, submitted business plans.

This GPU procurement project is being promoted by the Ministry of Science and ICT and the National IT Industry Promotion Agency (NIPA), and it involves purchasing the latest GPUs with a government budget of 1.459 trillion won secured through the supplementary budget in May, which will then be operated under a consignment for five years.

In the future, the Ministry of Science and ICT plans to conduct the final selection of bidders and sign agreements in July, following steps such as ▲ reviewing the appropriateness of submitted documents ▲ presentation evaluations (conducting written evaluations in advance if necessary) ▲ on-site inspections of data centers ▲ and reviewing and adjusting project expenses.

A representative from the Ministry of Science and ICT noted, 'The selected bidders will be announced after the completion of contract signing.'