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The US-backed plan to build an AI and supply-chain hub in the Philippines now has a number attached: about $10bn in initial investment, with more to follow, according to the official leading the Philippine side. It also has a striking term on the table, a lease to the United States of up to 99 years. […]
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<p>Across 107 enterprises, AI infrastructure spending is accelerating well ahead of the ability to see or steer its economics. Most organizations run their AI on a familiar base of hyperscalers [...]