Top Material will supply a lithium iron phosphate (LFP) battery production line to Turkish battery company Aspilsan Enerji. The company said on April 6 it signed a turnkey supply contract with Aspilsan Enerji to build an LFP battery cell manufacturing line. The contract is worth about 7.9 billion won ($5.2 million). Aspilsan supplies batteries for drones and energy storage systems with Turkish government support, and the two sides agreed to expand cooperation for entry into the European market.

As investment in AI data centers accelerates, risks for insurers and financial markets are rising, with massive assets concentrated at single sites and financing structures growing more complex. Big Tech is increasingly using private equity, private credit and debt funding to expand. Insurers face limits on capacity for multibillion-dollar facilities, while risks extend to high-value equipment such as GPUs. GPU-backed lending is also emerging, raising concerns over asset-life mismatches and potential disputes.