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GS Group and POSCO signed a memorandum of understanding (MOU) on Nov. 11 at GS Tower in Gangnam, Seoul, to strategically collaborate 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 preempt the AI data center market and explore overseas projects, with GS seeking future growth engines and POSCO securing new steel demand. Korean media reported the deal as a synergy of both sides' capabilities, with expectations of competitive advantage in large-scale data center construction.