Democrats’ midterm win raises scrutiny on AI infrastructure projects

Share

Democrats’ midterm election victory, which gave the party control of both chambers of Congress, is expected to increase political scrutiny of AI infrastructure projects in the United States. Newly elected officials have expressed opposition to data centers over their environmental and community impacts. Alpesh Patel of RootBridge Capital said fewer data centers and tighter regulations could reassure investors concerned about Big Tech’s spending. No specific federal policies have been enacted, although markets now see a slightly higher likelihood of Oklahoma imposing a data center moratorium. Statements from Governor Kevin Stitt, the Oklahoma Legislature and major utilities will be decisive.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items