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AI is driving a wave of new data centers, but communities are increasingly asking what they get in return. Virginia’s Loudoun County turned the industry into a major tax base that helped fund schools, parks and infrastructure, yet even there, officials are now putting limits on further growth. The bigger lesson may be that towns have more bargaining power than they think. (Source: Bloomberg)
Data centers face potential credit rating downgrades due to moratoriums and cancellations driven by public opposition, according to S&P Global Ratings.
Investors are growing more critical of AI investments, especially data centers. But while neocloud stocks are under pressure, many believe the demand for computing resources remains strong -- and investment needs to happen now. In this episode of Bloomberg Tech: Asia, Annabelle Droulers and Shery Ahn speak with experts and executives on what's driving data-center valuations spending and take a closer look at demand through the eyes of a critical supplier to the industry. (Source: Bloomberg)
Copper headed for a third weekly loss in four as a selloff in technology stocks deepened, sapping risk appetite across markets including for the metal that’s used in data centers and power infrastructure.
The BBC's Shaimaa Khalil travelled to the US state to hear from residents who live alongside these giant facilities.
The National Investment and Infrastructure Fund (NIIF) is likely to draw as much as $3.2 billion in investments for one of its entities and between $700 million to $800 million of that will go to data centers, Chief Executive Officer Sanjiv Aggarwal told Bloomberg's Yvonne Man in an interview on the sidelines of the Bloomberg New Economy Forum in New Delhi. (Source: Bloomberg)
Hallador Energy Co., a US coal miner and power producer, agreed to sell electricity to an Indiana utility, spurred by surging demand from data centers in the state.