South Korea Nears $100-Billion Energy Deal to Power US AI Expansion

South Korea is moving toward an energy investment package valued at more than $100 billion that would help expand artificial intelligence infrastructure in the United States.

The arrangement under discussion would involve South Korea financing the construction of as many as eight nuclear power plants alongside a natural gas project, according to people familiar with the matter.

The plan reflects the growing energy demands tied to the rapid build-out of AI data centres and related computing capacity in the United States. Nuclear and gas generation are both seen as potential sources of large-scale, steady power for such facilities.

Details of the agreement, including its final value and timeline, have not been disclosed. It was not immediately clear when the deal might be finalised or which companies would take part in the projects.

The potential investment underscores the deepening economic and technological ties between Seoul and Washington in sectors ranging from energy to advanced computing.