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Live from NPR News in Washington, I'm Nora Ram. Ukrainian President Volodymyr Zelensky is meeting at this hour with President Trump at Mar A Longo, Trump's private club in Florida, hoping to advance a plan to end Russia's war in Ukraine. Just before they met, President Trump said they have the makings of a deal that is good for Ukraine, good for everyone. He said he had a good and very productive telephone call with Russian President Vladimir Putin today and plans to call him again later.
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We're going to have a very good meeting today, I think, and I'm also calling President Putin back after the meeting and we'll continue a negotiation.
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He he said he thinks both presidents want to make a deal, that too many people are dying. Israeli Prime Minister Benjamin Netanyahu is on his way to Florida to meet with President Trump at Mar a Lago tomorrow. Trump's 20 point peace plan for Gaza is still in its first phase. Israel says it won't move to phase two until Hamas returns the body of the last Israeli hostage. Hamas says everyone who knew the location of the body has been killed. China applauded a ceasefire between Thailand and Cambodia, which took effect today. The top diplomats from all three countries are meeting Today in China. NPR's Emily Fang reports.
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China's top diplomat Wang Yi, said the ceasefire was an important step towards restoring peace. Wang Yi is also hosting both Thailand and Cambodia's top diplomats in China's province of Yunnan, which borders Southeast Asia. The on and off again border dispute between Cambodia and Thailand has flared several times since this summer, and Thailand hit Cambodia with airstrikes as recently as this Saturday after weeks of deadly fighting which killed more than 100 people on both sides. China enjoys close political and economic ties with Cambodia. And Thailand has been currying closer ties with China after the country's king paid the first ever royal visit to Beijing this past November. Emily Feng, NPR News.
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New federal data shows that construction of artificial intelligence data centers may soon surpass office building construction. It's the latest sign of what many analysts say is a Data center bubble. NPR's Bobby Allen reports.
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While the AI data center boom has been a gold rush for the construction industry, it has many financial analysts worried. A recent note from Deutsche bank analyst said if not for AI data center spending, the US Would be close to a recession and big tech spenders like Meta, Google and Oracle, which the industry calls hyperscalers, keep pouring money in. More than a trillion dollars is expected to be spent on this infrastructure for more computing power in the coming years. But the arrangements are raising red flags. For instance, more than $100 billion worth of data center deals are being done through special purpose vehicles, which keeps the spending off tech companies balance sheets. The same mechanism was used in the lead up to the dot com bubble. Bobby Allen, NPR News.
