Key Takeaways: Westlake Town Council members unanimously postponed action on a development agreement with PowerHouse Data Centers after a Tarrant County judge temporarily barred the town from approving or advancing the deal. Judge Kimberly Fitzpatrick of the 342nd State District Court in Fort Worth issued the temp
Key Takeaways: TeraWulf’s proposed data center at the former Century Aluminum site in Hawesville is becoming a test of Kentucky’s economic development priorities. The project offers a path to reuse a major industrial property, but it also places a high-demand computing facility on a site once associated with one o
Key Takeaways: Ohio’s race for governor is becoming a referendum on how aggressively the state should pursue artificial intelligence infrastructure. Republican nominee Vivek Ramaswamy wants Ohio to accelerate data center construction by expanding electricity production and reducing permitting barriers. Democratic
Key Takeaways: One year after the Kentucky legislature widened tax exemptions for data centers, developers are moving quickly to take advantage. The resulting project pipeline is also sharpening a fiscal question: How much revenue could Kentucky forgo if multiple hyperscale campuses qualify at once? Before the lat
Key Takeaways: DayOne Data Centers has moved forward with its planned entry into the US public markets, according to people familiar with the matter. The Singapore-based data center operator has submitted its IPO documents confidentially, allowing the regulatory review process to begin without immediately publishi
Key Takeaways: A planning map attached to a Sioux City Council agenda prompted questions about whether a large data center was headed to the city’s Morningside neighborhood. City officials have since clarified the situation: The label was a planning artifact, and no data center is currently proposed for the proper
Key Takeaways: Nvidia is preparing to invest up to $3 billion in Lancium, the Blackstone-backed power infrastructure developer whose Texas campus supports the Stargate data center initiative, according to reporting cited by Reuters. The proposed transaction begins with a $2 billion investment for a stake of roughl
Key Takeaways: The Information reports that Panthalassa is raising about $225 million at a valuation near $2 billion, only months after securing $140 million at a valuation of roughly $1 billion. InforCapital also reported the latest fundraising target and valuation. The rapid step-up reflects investor interest in
Key Takeaways: Mubadala Investment is considering leading funding for a 500-megawatt artificial intelligence data center in Japan’s Akita Prefecture, a project that could require as much as ¥1 trillion ($6.3 billion). If completed at the proposed scale, the facility could become Japan’s largest data center and add
Key Takeaways: Cle Elum has placed an emergency six-month pause on data centers, giving city officials time to assess an industry that can transform both municipal finances and infrastructure demand. The decision came three days after plans emerged for a 20-megawatt facility in the Washington city. The timing make