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AI & Enterprise

Assembly science panel sets AI infrastructure as first agenda to support three mega-projects

South Korea’s National Assembly Science, ICT, Broadcasting and Communications Committee has selected AI infrastructure as its first joint policy agenda for the second half of the 22nd parliament. The panel aims to identify legislative and institutional tasks to support the government’s three mega-projects. At a forum in Seoul, participating companies called for faster permits, expanded tax support, a dedicated organisation and regulatory streamlining. The government said it would review industry requests through inter-ministerial and public-private frameworks.

Industry

Mara bitcoin miner pursues purchase of Texas power site to accelerate AI expansion

Mara Holdings shares rose about 15 percent early after it announced plans to buy a Texas power site to expand digital infrastructure for AI computing and bitcoin mining. The site is a 1,200-acre tract in Matagorda County with access rights of up to 2 gigawatts, with an initial 1 gigawatt expected by October 2027. Mara said the project is early-stage and subject to regulatory approvals, with phased construction over several years.

Industry

Walmart signs long-term nuclear power supply deal in Illinois

Walmart has signed a long-term power purchase agreement to receive electricity generated at a U.S. nuclear power plant, strengthening its strategy to secure clean energy. The deal with Constellation covers about 176 megawatts from the Dresden Clean Energy Center in Illinois, including 30 MW from boosted output at the existing plant. The contracts begin in 2029 and 2030 and run for 15 years each, with power also supporting Walmart logistics facilities.