Korean builders double down on AI data centers

Korean builders are racing into data centers, chasing multibillion-dollar opportunities as the generative AI boom fuels a global surge in demand for computing infrastructure. Global real estate consultancy JLL estimates that the data center market will grow at an annual average rate of 14 percent through 2030, while global data center power consumption is expected to nearly double from around 103 gigawatts in 2025 to 200 GW by 2030, led by an infrastructure super-cycle requiring up to $3 trillio