Find XO: While $1 Trillion Moves in AI Infrastructure, South Korea's Power Approval Rate Was 1.9% (zdnet.co.kr)

- Among the $1 trillion global private equity investments in the first half of this year, the largest deal was a $10 billion data center company established by KKR, whose acquisition list includes power plants and transmission and distribution networks. - During the same period, out of 522 power applications for data centers in the Seoul metropolitan area, only 10 were approved, a 1.9% approval rate. - For teams renting infrastructure, the power clauses in contracts can affect expenditures more significantly two years later than GPU price negotiations.