Trillion-Dollar Reckoning

Texas’ Democratic midterm gains, including Gov.-elect Gina Hinojosa’s support for a data center moratorium, have raised uncertainty over billions of dollars in planned AI infrastructure investments. Jefferies estimates 13.3 gigawatts of announced Texas projects could be at risk, while Alpha Compute CEO Brittany Kaiser said political opposition may prompt companies to invest elsewhere, including overseas. Kaiser urged lawmakers to address community concerns through regulation rather than bans or moratoriums.

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