Lenders scrutinize US data center financing as community opposition builds

Lenders scrutinize US data center financing as community opposition builds  Reuters

The race to finance the U.S. data centre boom is forcing banks and asset managers to confront an added risk: political and community opposition.

The president’s comments come just days after Gov. Greg Abbott issued a statewide pause of data center approvals

Sean James works at Nvidia as a distinguished engineer. Sean James Sean James is a distinguished engineer at AI chipmaker Nvidia focused on powering data centers. James started his career as a submarine electrician in the Navy and previously spent 25 years building data centers at Microsoft. He makes the case that AI

The hand-built planes are unmatched in the firefighting aircraft market and are built to last for decades. Europe wants more of them than ever.

The president’s comments to Punchbowl News come just days after Gov. Greg Abbott issued a statewide pause of approval for data centers trying to connect to the power grid.

President Trump touted what he said were the benefits of data centers in an interview that was published on Friday, potentially pitting himself against a number of Republicans and Democrats on the growing issue. “I saw Texas the other day sort of against data centers. I think it’s a mistake,” Trump told Punchbowl News.