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AI & Enterprise

Trump says AI could be bigger than the internet, highlights datacentre expansion to compete with China

U.S. President Donald Trump said AI could become a bigger industry than the internet and that regulation should not choke growth as the United States competes with China. Speaking at a White House event with crypto industry figures and financial regulators, he also backed expanding AI infrastructure, including datacentres. Trump said companies should build power plants for datacentres rather than rely on ageing grids. Opposition is rising over power bills, water use and environmental impact, prompting protests and tougher state action.

Industry

AI factory build in Korea leaves server, cooling supply chain tied to Taiwan

Construction of gigawatt-scale AI factories in South Korea is getting under way, but server assembly and liquid-cooling component supply chains are controlled by Taiwanese companies, raising concerns that Korean materials and parts suppliers are being sidelined. Nvidia plans to ship fully assembled compute trays from its next-generation Vera Rubin platform, narrowing assembly partners to Foxconn, Quanta and Wistron. Cooling component suppliers Auras and AVC have also taken an early lead.

AI & Enterprise

OpenAI to lease 10-GW Ohio data centre for 20 years; Nvidia to guarantee up to $105 billion in rent

OpenAI will lease for 20 years a 10-gigawatt AI data centre campus being built in Ohio, with Nvidia investing $1.5 billion and taking on a rent guarantee of up to $105 billion. SoftBank Group unit SB Energy will develop, own and operate the site. The project includes new power generation and grid investment, with phased construction starting in 2028. The deal also includes a loss-compensation clause tied to OpenAI’s lease.