WEBVTT

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<v Cassidy>Korea’s <00:00:00.613>AI <00:00:00.947>buildout <00:00:01.504>just <00:00:01.813>moved <00:00:02.128>past <00:00:02.340>the <00:00:02.448>blueprint <00:00:02.947>stage.

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<v Cassidy>Now <00:00:04.293>comes <00:00:04.580>the <00:00:04.696>expensive <00:00:05.248>part: <00:00:06.046>making <00:00:06.360>all <00:00:06.512>that <00:00:06.711>capacity <00:00:07.349>useful.

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<v Cassidy>Before <00:00:10.693>today’s <00:00:11.220>development

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<v Cassidy>some <00:00:11.760>context: <00:00:12.960>NAVER <00:00:13.771>NVIDIA

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<v Cassidy>and <00:00:14.373>Brookfield <00:00:15.160>are <00:00:15.556>building <00:00:15.907>Korea’s <00:00:16.440>sovereign <00:00:16.933>AI <00:00:17.264>infrastructure <00:00:18.267>at <00:00:18.560>NAVER’s <00:00:19.080>GAK <00:00:19.493>Sejong <00:00:20.057>hyperscale <00:00:20.624>data <00:00:20.937>center.

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<v Cassidy>The <00:00:22.373>partners <00:00:22.853>expanded <00:00:23.333>an <00:00:23.490>initial <00:00:23.920>55 <00:00:24.667>MW <00:00:25.120>plan <00:00:25.600>to <00:00:26.000>200 <00:00:26.613>MW <00:00:27.093>by <00:00:27.280>2028.

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<v Cassidy>NVIDIA <00:00:29.520>plans <00:00:29.960>a <00:00:30.080>$1 <00:00:30.400>billion <00:00:31.011>investment, <00:00:32.120>Brookfield <00:00:32.693>up <00:00:32.853>to <00:00:33.000>$9 <00:00:33.310>billion, <00:00:34.600>and <00:00:34.773>NAVER <00:00:35.080>has <00:00:35.257>framed <00:00:35.620>the <00:00:35.730>broader <00:00:36.151>ambition <00:00:36.773>as <00:00:36.933>up <00:00:37.093>to <00:00:37.280>1 <00:00:37.573>GW.

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<v Bill>This <00:00:40.320>is <00:00:40.880>AI <00:00:41.880>Daily <00:00:42.547>Briefing.

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<v Bill>Korea <00:00:44.420>has <00:00:44.773>three <00:00:45.120>major <00:00:45.580>compute <00:00:46.069>builds <00:00:46.526>moving <00:00:46.880>at <00:00:47.120>once.

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<v Bill>We’re <00:00:48.514>asking <00:00:48.800>who <00:00:49.120>gets <00:00:49.505>affordable <00:00:50.240>access <00:00:50.768>when <00:00:50.980>the <00:00:51.107>doors <00:00:51.510>finally <00:00:52.080>open.

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<v Bill>For <00:00:53.510>updates <00:00:54.053>on <00:00:54.192>this <00:00:54.400>story — <00:00:55.413>NAVER-NVIDIA <00:00:56.480>Korea <00:00:57.067>AI <00:00:57.520>factory <00:00:58.168>expansion — <00:00:59.580>tap <00:00:59.840>follow <00:01:00.373>so <00:01:00.520>the <00:01:00.688>next <00:01:00.940>episode <00:01:01.427>lands <00:01:01.787>in <00:01:01.872>your <00:01:02.112>feed.

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<v Cassidy>Here's <00:01:03.624>The <00:01:03.748>Asia <00:01:04.048>Business <00:01:04.471>Daily:

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<v Quote>The <00:01:05.408>key <00:01:05.581>infrastructure <00:01:06.360>that <00:01:06.520>will <00:01:06.696>determine <00:01:07.148>the <00:01:07.263>competitiveness <00:01:08.115>of <00:01:08.221>South <00:01:08.541>Korea's <00:01:08.939>artificial <00:01:09.503>intelligence <00:01:10.328>(AI) <00:01:10.941>industry

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<v Quote>the <00:01:11.972>National <00:01:12.461>AI <00:01:12.776>Computing <00:01:13.311>Center <00:01:13.968>(KOACC)

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<v Quote>was <00:01:15.812>launched <00:01:16.200>with <00:01:16.368>a <00:01:16.468>spectacular <00:01:17.184>fireworks <00:01:17.736>show <00:01:18.008>in <00:01:18.221>Haenam

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<v Quote>Jeonnam. <00:01:19.508>The <00:01:20.212>government <00:01:20.668>and <00:01:20.778>private <00:01:21.185>sector <00:01:21.568>are <00:01:21.736>investing <00:01:22.208>a <00:01:22.315>total <00:01:22.675>of <00:01:22.888>2.4 <00:01:23.741>trillion <00:01:24.268>won <00:01:24.621>in <00:01:24.778>capital

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<v Quote>with <00:01:25.755>plans <00:01:26.115>to <00:01:26.216>establish <00:01:26.701>Haenam <00:01:27.181>Solar <00:01:27.512>City <00:01:27.901>as <00:01:28.248>a <00:01:28.374>global <00:01:28.808>AI <00:01:29.208>hub.

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<v Bill>Haenam <00:01:30.238>has <00:01:30.422>gone <00:01:30.710>from <00:01:30.918>a <00:01:31.158>2.4 <00:01:32.011>trillion <00:01:32.538>won <00:01:32.936>ambition <00:01:33.825>to <00:01:34.091>an <00:01:34.267>actual <00:01:34.746>construction <00:01:35.654>site.

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<v Bill>KOACC’s <00:01:37.771>first <00:01:38.107>design <00:01:38.598>is <00:01:38.918>40 <00:01:39.238>megawatts, <00:01:40.198>expandable <00:01:40.918>to <00:01:41.238>80, <00:01:42.084>giving <00:01:42.420>founders <00:01:42.998>a <00:01:43.158>2028 <00:01:44.022>date <00:01:44.310>they <00:01:44.478>can <00:01:44.668>finally <00:01:45.238>plan <00:01:45.638>workloads <00:01:46.267>around.

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<v Cassidy>Fireworks <00:01:47.905>at <00:01:47.998>a <00:01:48.102>data-center <00:01:48.641>groundbreaking <00:01:49.318>is <00:01:49.510>certainly <00:01:49.838>a <00:01:49.947>choice.

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<v Cassidy>But <00:01:51.112>having <00:01:51.378>Samsung <00:01:51.958>SDS

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<v Cassidy>Naver <00:01:53.018>and <00:01:53.098>the <00:01:53.208>science <00:01:53.602>ministry <00:01:54.011>on <00:01:54.150>that <00:01:54.358>stage <00:01:54.870>says <00:01:55.371>Seoul <00:01:55.702>sees <00:01:56.022>this <00:01:56.385>as <00:01:56.660>national <00:01:57.209>industrial <00:01:57.798>policy

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<v Cassidy>not <00:01:59.238>a <00:01:59.362>regional <00:01:59.764>server <00:02:00.134>farm.

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<v Bill>Putting <00:02:01.531>it <00:02:01.695>beside <00:02:02.058>the <00:02:02.198>Gwangju <00:02:02.815>semiconductor <00:02:03.648>complex <00:02:04.358>makes <00:02:04.825>sense.

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<v Bill>Keeping <00:02:06.188>compute <00:02:06.731>close <00:02:07.051>to <00:02:07.238>chips <00:02:07.745>is <00:02:07.998>the <00:02:08.180>strategy.

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<v Bill>Now <00:02:09.522>somebody <00:02:09.918>needs <00:02:10.171>to <00:02:10.338>publish <00:02:10.806>what <00:02:11.051>an <00:02:11.222>inference <00:02:11.898>job <00:02:12.251>in <00:02:12.438>Haenam <00:02:12.950>will <00:02:13.222>cost <00:02:13.889>versus <00:02:14.698>AWS <00:02:15.638>in <00:02:16.118>2028.

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<v Cassidy>Korea <00:02:17.931>is <00:02:18.074>building <00:02:18.398>a <00:02:18.486>real <00:02:18.745>stack <00:02:19.142>here—power, <00:02:20.328>compute, <00:02:21.124>semiconductor <00:02:21.782>adjacency, <00:02:22.538>and <00:02:22.655>public <00:02:23.058>capital.

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<v Cassidy>The <00:02:25.110>hard <00:02:25.286>part <00:02:25.531>comes <00:02:25.851>after <00:02:26.138>the <00:02:26.232>ribbon-cutting: <00:02:27.348>keeping <00:02:27.590>that <00:02:27.771>capacity <00:02:28.278>busy <00:02:28.632>enough <00:02:28.891>to <00:02:29.068>justify <00:02:29.718>2.4 <00:02:30.482>trillion <00:02:30.958>won.

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<v Cassidy>Edaily, <00:02:32.746>with <00:02:32.998>Lee <00:02:33.231>So-Hyun:

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<v Quote>The <00:02:36.343>detailed <00:02:36.749>project <00:02:37.147>structure <00:02:37.619>for <00:02:37.759>the <00:02:37.879>gigawatt <00:02:38.459>(GW)-class <00:02:38.992>AI <00:02:39.302>infrastructure <00:02:39.979>plan, <00:02:40.579>first <00:02:40.832>unveiled <00:02:41.307>last <00:02:41.579>June, <00:02:42.179>has <00:02:42.339>now <00:02:42.491>been <00:02:42.681>revealed.

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<v Quote>Naver <00:02:44.286>plans <00:02:44.646>to <00:02:44.756>secure <00:02:45.139>a <00:02:45.236>stable <00:02:45.636>supply <00:02:46.006>of <00:02:46.112>graphics <00:02:46.597>processing <00:02:47.246>units <00:02:47.739>(GPUs) <00:02:48.959>through <00:02:49.139>its <00:02:49.305>equity <00:02:49.626>partnership <00:02:50.171>with <00:02:50.402>NVIDIA <00:02:51.079>and <00:02:51.316>reduce <00:02:51.699>the

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<v Quote>financial <00:02:52.356>burden <00:02:52.764>associated <00:02:53.451>with <00:02:53.646>large-scale <00:02:54.361>facility <00:02:54.906>investments <00:02:55.579>by <00:02:55.935>leveraging <00:02:56.366>Brookfield’s <00:02:57.063>investment <00:02:57.547>structure.

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<v Bill>Following <00:02:58.908>up <00:02:59.095>on <00:02:59.335>NAVER’s <00:02:59.975>Korea <00:03:00.588>AI <00:03:01.095>factory <00:03:01.722>buildout: <00:03:02.975>the <00:03:03.148>first <00:03:03.575>200-megawatt <00:03:04.548>phase <00:03:05.095>now <00:03:05.415>has <00:03:05.695>a <00:03:05.823>financing <00:03:06.695>and <00:03:07.007>operating <00:03:07.711>structure.

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<v Bill>Honestly, <00:03:10.167>this <00:03:10.348>is <00:03:10.495>the <00:03:10.668>first <00:03:10.999>deal <00:03:11.287>this <00:03:11.479>week <00:03:11.775>where <00:03:12.028>somebody <00:03:12.508>seems <00:03:12.828>to <00:03:12.951>have <00:03:13.079>made <00:03:13.355>the <00:03:13.495>economics <00:03:14.295>work.

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<v Cassidy>Nvidia <00:03:15.703>puts <00:03:15.975>in <00:03:16.175>$1 <00:03:16.475>billion <00:03:17.228>of <00:03:17.392>equity.

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<v Cassidy>Brookfield <00:03:18.975>can <00:03:19.135>put <00:03:19.308>up <00:03:19.495>to <00:03:19.735>$9 <00:03:20.085>billion <00:03:20.903>into <00:03:21.122>an <00:03:21.335>SPV <00:03:21.991>that <00:03:22.439>owns <00:03:22.715>the <00:03:22.919>GPUs <00:03:23.515>and <00:03:23.637>facility, <00:03:24.562>while <00:03:24.735>Naver’s <00:03:25.143>operating <00:03:25.648>subsidiary <00:03:26.471>pays <00:03:26.908>by <00:03:27.108>usage.

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<v Cassidy>A <00:03:28.506>regulatory <00:03:29.095>filing <00:03:29.602>is <00:03:29.735>a <00:03:29.895>lot <00:03:30.167>more <00:03:30.375>useful <00:03:30.887>than <00:03:31.055>a <00:03:31.175>heroic <00:03:31.712>render <00:03:32.095>and <00:03:32.255>a <00:03:32.355>gigawatt <00:03:32.908>headline.

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<v Bill>It <00:03:34.111>transfers <00:03:34.695>risk <00:03:35.068>in <00:03:35.215>a <00:03:35.317>sensible <00:03:35.871>direction: <00:03:37.215>Brookfield <00:03:37.799>owns <00:03:38.095>the <00:03:38.279>hard <00:03:38.615>assets

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<v Bill>Naver <00:03:39.948>sells <00:03:40.285>compute <00:03:41.215>and <00:03:41.415>Nvidia <00:03:41.955>has <00:03:42.247>skin <00:03:42.802>in <00:03:43.055>the <00:03:43.244>supply <00:03:43.717>relationship.

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<v Bill>But <00:03:45.575>200 <00:03:46.195>megawatts <00:03:46.935>is <00:03:47.135>still <00:03:47.415>a <00:03:47.588>giant <00:03:48.215>tab—show <00:03:49.557>founders <00:03:50.087>what <00:03:50.255>a <00:03:50.355>million <00:03:50.831>inference <00:03:51.404>tokens <00:03:51.908>costs <00:03:52.428>on <00:03:52.583>this <00:03:52.828>thing, <00:03:53.543>then <00:03:53.788>we <00:03:53.935>can <00:03:54.127>celebrate.

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<v Cassidy>Korea’s <00:03:55.229>buildout <00:03:55.709>is <00:03:55.869>no <00:03:56.033>longer <00:03:56.416>a <00:03:56.536>one-national-center <00:03:57.643>story.

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<v Cassidy>We <00:03:58.808>just <00:03:58.976>covered <00:03:59.283>Haenam; <00:04:00.356>now <00:04:00.576>Naver <00:04:00.916>has <00:04:01.256>a <00:04:01.445>documented <00:04:01.896>200-megawatt <00:04:02.980>commercial <00:04:03.472>structure.

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<v Cassidy>Capacity <00:04:05.283>is <00:04:05.370>coming <00:04:05.624>from <00:04:05.856>several <00:04:06.187>directions <00:04:06.723>at <00:04:06.888>once.

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<v Cassidy>From <00:04:09.047>Huda <00:04:09.327>Ata <00:04:09.620>at <00:04:09.775>Gulf <00:04:10.047>News:

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<v Quote>The <00:04:13.235>expansion <00:04:13.699>will <00:04:13.867>see <00:04:14.067>Aleria <00:04:14.524>deploy <00:04:14.920>up <00:04:15.080>to <00:04:15.507>16,000 <00:04:16.216>Nvidia <00:04:16.694>Blackwell <00:04:17.254>Ultra <00:04:17.631>graphics <00:04:18.038>processing <00:04:18.614>units <00:04:19.067>(GPUs) <00:04:20.094>in <00:04:20.167>the <00:04:20.284>United <00:04:20.696>States

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<v Quote>alongside <00:04:22.067>28 <00:04:22.614>racks <00:04:22.974>of <00:04:23.091>next-generation <00:04:23.907>Nvidia <00:04:24.574>DGX <00:04:25.187>Vera <00:04:25.574>Rubin <00:04:26.094>NVL72 <00:04:27.247>systems <00:04:27.720>in <00:04:27.847>the <00:04:28.067>UAE

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<v Quote>marking <00:04:29.467>one <00:04:29.614>of <00:04:29.707>the <00:04:29.867>first <00:04:30.107>deployments <00:04:30.574>of <00:04:30.667>the <00:04:30.840>platform <00:04:31.294>in <00:04:31.367>the <00:04:31.484>region.

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<v Bill>Aleria <00:04:33.022>gets <00:04:33.347>credit <00:04:33.798>for <00:04:33.975>saying <00:04:34.382>what <00:04:34.718>most <00:04:35.065>of <00:04:35.158>these <00:04:35.404>announcements <00:04:36.105>dodge: <00:04:37.502>this <00:04:37.918>is <00:04:38.328>already <00:04:39.008>running.

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<v Bill>Eight <00:04:40.291>thousand <00:04:40.798>six <00:04:41.068>hundred <00:04:41.345>forty <00:04:41.745>Blackwell <00:04:42.385>Ultra <00:04:42.894>GPUs <00:04:43.718>are <00:04:44.105>in <00:04:44.238>a <00:04:44.398>25-megawatt <00:04:45.718>U.S.

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<v Bill>facility, <00:04:46.818>scaling <00:04:47.564>toward <00:04:47.918>16,000.

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<v Bill>Those <00:04:49.958>are <00:04:50.136>deployment <00:04:50.798>details <00:04:51.398>you <00:04:51.578>can <00:04:51.838>test.

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<v Cassidy>And <00:04:53.198>28 <00:04:53.731>DGX <00:04:54.142>Vera <00:04:54.478>Rubin <00:04:55.038>NVL72 <00:04:56.065>racks <00:04:56.425>in <00:04:56.498>the <00:04:56.698>UAE, <00:04:57.305>among <00:04:57.858>the <00:04:57.975>region’s <00:04:58.465>first.

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<v Cassidy>“Sovereign” <00:05:00.612>means <00:05:00.899>the <00:05:01.023>data <00:05:01.319>and <00:05:01.501>facility <00:05:02.039>sit <00:05:02.199>under <00:05:02.452>local <00:05:02.789>control; <00:05:04.019>the <00:05:04.129>compute <00:05:04.539>roadmap <00:05:04.999>still <00:05:05.259>arrives <00:05:05.706>on <00:05:05.816>Nvidia’s <00:05:06.303>timetable.

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<v Bill>Right. <00:05:08.399>Aleria <00:05:09.179>has <00:05:09.399>a <00:05:09.519>serious <00:05:10.159>stack: <00:05:11.252>DDN <00:05:11.679>storage <00:05:12.330>paired <00:05:12.911>with <00:05:13.119>Nvidia <00:05:13.659>accelerated <00:05:14.389>compute <00:05:14.999>for <00:05:15.415>sensitive <00:05:15.955>government <00:05:16.399>workloads.

55
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<v Bill>But <00:05:18.031>when <00:05:18.199>a <00:05:18.299>founder <00:05:18.831>asks <00:05:19.327>what <00:05:19.572>an <00:05:19.735>inference <00:05:20.319>job <00:05:20.666>costs <00:05:21.266>there <00:05:21.690>versus <00:05:22.319>a <00:05:22.468>hyperscaler, <00:05:23.459>the <00:05:24.047>sovereign <00:05:24.546>pitch <00:05:24.999>has <00:05:25.412>to <00:05:25.567>meet <00:05:25.817>production.

56
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<v Cassidy>We <00:05:26.687>just <00:05:26.919>had <00:05:27.092>Korea’s <00:05:27.495>financing <00:05:28.047>blueprint.

57
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<v Cassidy>Aleria <00:05:29.652>is <00:05:29.799>a <00:05:29.896>useful <00:05:30.301>parallel <00:05:30.839>because <00:05:31.146>it <00:05:31.239>has <00:05:31.399>named <00:05:31.661>hardware <00:05:32.199>and <00:05:32.383>live <00:05:32.719>sites <00:05:33.146>on <00:05:33.239>two <00:05:33.424>continents.

58
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<v Cassidy>Capacity <00:05:35.492>projections <00:05:36.099>are <00:05:36.215>plentiful.

59
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<v Cassidy>Operational <00:05:37.986>racks <00:05:38.359>are <00:05:38.479>a <00:05:38.513>better <00:05:38.767>kind <00:05:38.986>of <00:05:39.119>fact.

60
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<v Cassidy>From <00:05:41.277>Paige <00:05:41.624>Gross <00:05:42.077>at <00:05:42.264>CIO <00:05:42.664>Dive:

61
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<v Quote>Enterprise <00:05:44.053>spending <00:05:44.462>on <00:05:44.622>cloud <00:05:44.932>infrastructure <00:05:45.600>services <00:05:46.229>reached <00:05:46.729>$143 <00:05:47.879>billion <00:05:48.676>in <00:05:48.769>the <00:05:48.935>second <00:05:49.259>quarter <00:05:49.636>of <00:05:49.769>2026

62
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<v Quote>up <00:05:51.257>from <00:05:51.529>$100 <00:05:51.929>billion <00:05:52.516>in <00:05:52.609>the <00:05:52.773>previous <00:05:53.179>quarter

63
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<v Quote>according <00:05:54.196>to <00:05:54.302>Synergy <00:05:54.773>Research <00:05:55.182>Group <00:05:55.513>data.

64
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<v Quote>The <00:05:56.777>year-over-year <00:05:57.506>growth <00:05:57.913>rate <00:05:58.229>notched <00:05:58.529>the <00:05:58.849>11th <00:05:59.176>consecutive <00:05:59.735>growth <00:06:00.069>quarter <00:06:00.549>jumping <00:06:01.049>43% — <00:06:02.529>the <00:06:02.689>highest <00:06:03.015>growth <00:06:03.337>rate <00:06:03.556>in <00:06:03.629>the <00:06:03.753>last <00:06:04.049>eight <00:06:04.316>years

65
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<v Quote>the <00:06:05.015>market <00:06:05.339>analyst <00:06:05.729>group <00:06:06.009>found.

66
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<v Cassidy>Synergy <00:06:07.242>puts <00:06:07.658>Q2 <00:06:08.031>cloud-infrastructure <00:06:09.005>spend <00:06:09.498>at <00:06:09.898>$143 <00:06:11.048>billion, <00:06:12.351>up <00:06:12.538>43% <00:06:13.386>year <00:06:13.626>over <00:06:13.882>year—the <00:06:14.828>fastest <00:06:15.224>growth <00:06:15.546>rate <00:06:15.818>in <00:06:16.005>eight <00:06:16.231>years.

67
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<v Cassidy>That <00:06:17.691>puts <00:06:17.859>a <00:06:17.956>demand <00:06:18.339>curve <00:06:18.596>behind <00:06:19.008>Amazon’s <00:06:19.632>AI <00:06:19.943>spending <00:06:20.366>binge, <00:06:21.139>not <00:06:21.307>just <00:06:21.526>an <00:06:21.623>earnings-call <00:06:22.283>adjective.

68
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<v Bill>AWS <00:06:24.872>still <00:06:25.439>has <00:06:26.059>28% <00:06:27.339>of <00:06:27.547>this <00:06:27.796>market, <00:06:28.352>ahead <00:06:29.046>of <00:06:29.192>Azure <00:06:29.712>at <00:06:29.899>20 <00:06:30.339>and <00:06:30.768>Google <00:06:31.232>at <00:06:31.499>15.

69
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<v Bill>Fine. <00:06:33.399>But <00:06:34.124>businesses <00:06:34.843>deploying <00:06:35.522>agents <00:06:36.251>need <00:06:36.790>usable <00:06:37.404>throughput <00:06:38.192>at <00:06:38.499>a <00:06:38.606>price <00:06:38.971>that <00:06:39.161>survives <00:06:39.699>a <00:06:39.792>month-end <00:06:40.379>bill, <00:06:41.379>not <00:06:41.549>another <00:06:42.002>glossy <00:06:42.708>capacity <00:06:43.512>chart.

70
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<v Cassidy>Gen-AI <00:06:45.872>cloud <00:06:46.201>services <00:06:46.719>are <00:06:46.819>growing <00:06:47.179>165%, <00:06:49.219>according <00:06:49.606>to <00:06:49.712>Synergy.

71
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<v Cassidy>That <00:06:51.179>$500 <00:06:51.829>billion <00:06:52.516>annual <00:06:52.912>cloud-spend <00:06:53.590>figure <00:06:54.210>explains <00:06:54.819>why <00:06:54.992>every <00:06:55.326>board <00:06:55.679>and <00:06:55.775>government <00:06:56.210>ministry <00:06:56.815>suddenly <00:06:57.159>has <00:06:57.379>a <00:06:57.483>data-center <00:06:58.075>plan.

72
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<v Bill>Demand <00:06:59.979>is <00:07:00.209>clearly <00:07:00.792>there.

73
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<v Bill>The <00:07:02.107>next <00:07:02.379>test <00:07:02.752>is <00:07:02.899>whether <00:07:03.399>AWS <00:07:04.099>and <00:07:04.272>everyone <00:07:04.743>building <00:07:05.171>alongside <00:07:05.899>it <00:07:06.199>can <00:07:06.667>turn <00:07:06.891>that <00:07:07.099>demand <00:07:07.627>into <00:07:07.879>cheaper <00:07:08.371>inference

74
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<v Bill>rather <00:07:09.931>than <00:07:10.123>just <00:07:10.486>pricier <00:07:11.149>waiting <00:07:11.579>rooms.

75
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<v Cassidy>Mingtiandi <00:07:13.479>writes:

76
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<v Quote>The <00:07:14.520>board <00:07:14.747>of <00:07:14.933>LG <00:07:15.320>Uplus <00:07:15.733>on <00:07:15.920>29 <00:07:16.416>July <00:07:16.862>approved <00:07:17.400>KRW <00:07:17.600>1.3 <00:07:18.311>trillion <00:07:18.960>($895.6 <00:07:20.600>million) <00:07:21.653>in <00:07:21.810>funding <00:07:22.200>for <00:07:22.340>the <00:07:22.457>second <00:07:22.853>phase <00:07:23.173>of <00:07:23.300>its <00:07:23.440>Paju <00:07:24.053>AI <00:07:24.384>Data <00:07:24.697>Centre

77
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<v Quote>according <00:07:25.733>to <00:07:25.880>a <00:07:25.977>filing <00:07:26.352>with <00:07:26.520>South <00:07:26.773>Korea’s <00:07:27.160>Financial <00:07:27.577>Supervisory <00:07:28.310>Service

78
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<v Quote>with <00:07:29.380>the <00:07:29.484>investment <00:07:29.963>representing <00:07:30.520>a <00:07:30.617>follow <00:07:31.013>up <00:07:31.173>to <00:07:31.320>the <00:07:31.467>KRW <00:07:31.600>615.6 <00:07:33.020>billion <00:07:33.507>which <00:07:34.000>LG <00:07:34.360>committed <00:07:34.747>to <00:07:34.840>the <00:07:35.013>first <00:07:35.333>phase <00:07:35.627>in <00:07:35.760>May <00:07:36.080>2025.

79
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<v Cassidy>LG <00:07:37.990>Uplus’ <00:07:38.430>board <00:07:38.874>approved <00:07:39.280>another <00:07:39.670>$895.6 <00:07:41.330>million <00:07:42.050>for <00:07:42.190>Paju <00:07:42.777>on <00:07:42.910>July <00:07:43.310>29—200 <00:07:45.110>megawatts, <00:07:46.030>liquid <00:07:46.320>cooling, <00:07:46.830>eventually <00:07:47.710>100,000-plus <00:07:48.890>servers.

80
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<v Cassidy>After <00:07:50.643>Haenam <00:07:51.110>and <00:07:51.270>Naver, <00:07:52.017>Korea’s <00:07:52.583>buildout <00:07:52.970>has <00:07:53.190>three <00:07:53.443>separate <00:07:53.932>institutions <00:07:54.716>moving <00:07:55.040>capital <00:07:55.417>at <00:07:55.566>once.

81
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<v Cassidy>It’s <00:07:57.123>moved <00:07:57.422>into <00:07:57.603>coordinated <00:07:58.243>spending.

82
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<v Bill>LG’s <00:08:00.643>phase-one <00:08:01.297>check <00:08:01.710>was <00:08:02.150>KRW <00:08:03.390>615.6 <00:08:05.380>billion; <00:08:06.174>this <00:08:06.810>new <00:08:07.070>KRW <00:08:08.350>1.3 <00:08:09.301>trillion <00:08:09.928>commitment <00:08:10.617>is <00:08:10.894>more <00:08:11.182>than <00:08:11.379>double <00:08:11.854>that.

83
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<v Bill>So <00:08:13.250>yes, <00:08:14.030>Paju <00:08:14.670>is <00:08:14.870>getting <00:08:15.230>real.

84
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<v Bill>But <00:08:16.550>a <00:08:16.750>200-megawatt <00:08:18.053>campus <00:08:19.070>31 <00:08:19.528>kilometers <00:08:20.163>north <00:08:20.457>of <00:08:20.617>Seoul <00:08:21.257>still <00:08:21.843>needs <00:08:22.163>to <00:08:22.318>tell <00:08:22.590>founders <00:08:23.310>what <00:08:23.710>an <00:08:23.926>inference <00:08:24.530>job <00:08:24.937>costs <00:08:25.537>there <00:08:25.984>versus <00:08:26.950>AWS <00:08:27.897>or <00:08:28.230>Naver <00:08:28.830>in

85
00:08:29.310 --> 00:08:30.010
<v Bill>2028.

86
00:08:30.010 --> 00:08:40.351
<v Cassidy>The <00:08:30.488>timing <00:08:30.884>is <00:08:31.047>revealing: <00:08:32.271>LG <00:08:32.635>approved <00:08:33.011>the <00:08:33.124>money <00:08:33.411>the <00:08:33.535>same <00:08:33.851>day <00:08:34.098>Seoul <00:08:34.484>launched <00:08:34.951>the <00:08:35.191>AIDC <00:08:35.933>Alliance, <00:08:36.959>targeting <00:08:37.471>18.4 <00:08:38.491>gigawatts <00:08:39.044>by <00:08:39.311>2035.

87
00:08:40.551 --> 00:08:46.751
<v Cassidy>The <00:08:41.195>alliance <00:08:41.604>includes <00:08:42.091>Samsung <00:08:42.691>SDS <00:08:43.271>and <00:08:43.578>SK, <00:08:44.559>plus <00:08:44.811>Kakao <00:08:45.331>and <00:08:45.471>FuriosaAI.

88
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<v Cassidy>It’s <00:08:47.751>a <00:08:47.823>corporate <00:08:48.167>coalition <00:08:48.703>with <00:08:48.875>government <00:08:49.364>scale <00:08:49.677>behind <00:08:50.031>it, <00:08:50.691>and <00:08:50.858>LG <00:08:51.124>Electronics <00:08:51.764>is <00:08:51.911>supplying <00:08:52.291>the <00:08:52.411>cooling <00:08:52.888>inside <00:08:53.271>its <00:08:53.431>own <00:08:53.618>group.

89
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<v Bill>Eighteen-point-four <00:08:56.651>gigawatts <00:08:57.898>is <00:08:58.311>a <00:08:58.404>handsome <00:08:58.900>target.

90
00:08:59.911 --> 00:09:06.511
<v Bill>Paju’s <00:09:00.911>200 <00:09:01.371>megawatts <00:09:02.111>and <00:09:02.378>an <00:09:02.522>actual <00:09:03.138>board <00:09:03.545>authorization <00:09:04.611>are <00:09:04.943>what <00:09:05.111>I <00:09:05.191>can <00:09:05.371>put <00:09:05.578>on <00:09:05.671>a <00:09:05.771>spreadsheet.

91
00:09:06.731 --> 00:09:10.111
<v Bill>Now <00:09:07.471>show <00:09:07.831>the <00:09:08.031>utilization <00:09:09.011>and <00:09:09.331>the <00:09:09.471>pricing.

92
00:09:12.455 --> 00:09:15.335
<v Cassidy>For <00:09:12.583>more <00:09:12.828>on <00:09:13.042>AI’s <00:09:13.404>impact <00:09:13.842>in <00:09:13.939>government <00:09:14.395>and <00:09:14.525>defense

93
00:09:15.395 --> 00:09:17.415
<v Cassidy>try <00:09:15.639>Anthropic <00:09:16.268>Pentagon <00:09:16.762>Watch

94
00:09:17.455 --> 00:09:21.015
<v Cassidy>a <00:09:17.548>daily <00:09:17.868>briefing <00:09:18.348>on <00:09:18.503>Anthropic’s <00:09:19.148>fight <00:09:19.447>with <00:09:19.595>the <00:09:19.788>DoD <00:09:20.263>over <00:09:20.524>Claude

95
00:09:21.113 --> 00:09:24.055
<v Cassidy>military <00:09:22.028>AI <00:09:22.395>use <00:09:22.840>autonomous <00:09:23.555>weapons

96
00:09:24.155 --> 00:09:26.335
<v Cassidy>and <00:09:24.502>procurement <00:09:25.082>blacklisting.

97
00:09:26.439 --> 00:09:28.535
<v Cassidy>Find <00:09:26.882>it <00:09:26.979>wherever <00:09:27.375>you <00:09:27.535>get <00:09:27.744>podcasts.

98
00:09:29.360 --> 00:09:35.280
<v Cassidy>We’re <00:09:29.556>watching <00:09:29.880>the <00:09:30.044>National <00:09:30.533>AI <00:09:30.848>Computing <00:09:31.337>Center <00:09:31.707>in <00:09:31.813>Haenam, <00:09:32.667>which <00:09:32.853>is <00:09:32.990>planned <00:09:33.227>to <00:09:33.320>begin <00:09:33.585>operations <00:09:34.293>in <00:09:34.720>2028.

99
00:09:35.427 --> 00:09:40.320
<v Cassidy>Links <00:09:36.187>to <00:09:36.280>every <00:09:36.560>story <00:09:36.980>are <00:09:37.093>in <00:09:37.220>the <00:09:37.328>show <00:09:37.573>notes, <00:09:38.213>so <00:09:38.360>check <00:09:38.580>out <00:09:38.660>the <00:09:38.777>pieces <00:09:39.152>that <00:09:39.314>caught <00:09:39.552>your <00:09:39.736>attention.

100
00:09:40.464 --> 00:09:43.040
<v Cassidy>That’s <00:09:41.253>AI <00:09:41.587>Daily <00:09:41.960>Briefing <00:09:42.360>for <00:09:42.560>today.

101
00:09:43.168 --> 00:09:45.200
<v Cassidy>This <00:09:43.733>is <00:09:43.880>a <00:09:43.970>Lantern <00:09:44.420>Podcast.