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GS Group and POSCO signed a memorandum of understanding (MOU) on Nov. 11 at GS Tower in Seoul's Gangnam district to strategically cooperate in the AI data center business, combining GS's data center construction and operation expertise with POSCO's high-quality steel materials and technology solutions. The partnership aims to jointly pursue large-scale and overseas AI data center projects, with GS seeking a future growth engine and POSCO looking to secure new steel demand, according to Yonhap and other Korean outlets. Korean media framed the deal as a strategic move to preempt the rapidly growing AI data center market, with expectations of synergy from combining both sides' capabilities.