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AI & Enterprise

KT Cloud breaks ground on 50 MW Ansan AI data centre, targets 2029 completion

KT Cloud said on Wednesday it will break ground on its 50-megawatt Ansan AI Data Centre to expand AI infrastructure supply in the Seoul metropolitan area and meet demand for high-density AI servers. The company said the project is part of its plan to supply 1 gigawatt of AI data centre capacity by 2031. The facility will have a gross floor area of about 36,878 square metres and 2 basement floors and 9 above-ground floors, with completion targeted for 2029.

Industry

LG Electronics to apply smart factory to world\'s largest tidal power plant

LG Electronics will work with Korea Water Resources Corp to advance AI-based operations and digital transformation at the Sihwa tidal power plant. The partners signed a technical cooperation agreement on Oct. 22 in Ansan, Gyeonggi Province. The work includes building an AI tidal power plant, lighthouse factory implementation, and demonstrations of AI, digital twin and robots. LG Electronics will test a digital twin-based integrated operating system and consider AI tools for predictive maintenance, risk assessment and analysis of output losses.

AI & Enterprise

AI bubble fears sweep tech, boosting open-weight AI

Concerns about excessive investment in AI infrastructure weighed on tech markets, pushing down AI-related stocks, while Apple, seen as investing less in AI, reached a $5 trillion market value after Nvidia. Some observers warn today’s AI data-centre shortages could turn into long-term overcapacity that shocks equities, with investors shifting toward U.S. Treasuries. The report also cites slowing revenue growth at Anthropic and increased moves by U.S. firms into open-weight AI models.