AI data center buildout: policy and spending
A bipartisan Senate bill could fast-track AI data centers and Goldman raised its build forecast, while Texas's incoming governor plans limits on new ones.
What we know
An account on X cites a bill with a vote possibly next week. Another account on X says Goldman sees spending through 2030. Another account on X quotes Gavin Baker on Texas's governor-elect allowing permitted sites to finish but restricting new ones, and another account on X relays a claim that SoftBank is defaulting on turbine orders.
How the story developed
A bipartisan Senate bill could fast-track AI data centers and Goldman raised its build forecast, while Texas's incoming governor plans limits on new ones.
Democrats' midterm wins, including a Texas Senate result, are reshaping the discussion on Trump, Rubio, the filibuster and affordability. Markets and crypto commentators are debating what a Democratic Congress means for them.
Goldman warns Democratic wins at state and local levels could trigger moratoria affecting 45% of planned US data-center capacity, though some argue the Texas risk is overstated.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.