Rising borrowing costs are taking a toll on households and businesses. But they are doing little to dampen enthusiasm for investments in A.I. infrastructure, which are contributing to inflation.
Category: Data Centers
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High Interest Rates Aren’t Slowing the A.I. Boom. That’s a Problem for the Fed.
The New York Times – Business: -
When Data Centers Cluster Together, How Dirty Are They? One County Wants Answers.
The New York Times – Business:An unusual study aims to estimate the pollution and health costs from a cluster of proposed data centers, instead of considering each one separately.
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Wall Street Is Growing Skeptical of the Data Center Boom
The New York Times – Business:Several companies tied to the data center industry have delayed their initial public offerings amid the increasing public backlash to these energy guzzling facilities.
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House Passes Bill Taking Aim at Data Center Electricity Costs
The New York Times – On the Runway:The measure would direct state regulators to consider rules requiring data centers to cover higher energy costs, but it would not compel them to do so.
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Data Center’s Spill of 5,000 Gallons of Diesel Forces N.J. River Cleanup
The New York Times – Business:The fuel poured from a storage tank at a large data center in Secaucus, N.J., into a tributary of the Hackensack River.
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A.I. Data Center Pollution Poses Health Threat, Former E.P.A. Officials Warn
The New York Times – Business:Air pollution from gas-fired power plants to run data centers is expected to add at least $20 billion in annual health care costs by 2028, the group warns.
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French A.I. Start-Up Mistral Raises $3.5 Billion as Part of Strategy Shift
The New York Times – Business:Mistral is trying to keep pace with American and Chinese rivals while offering customers a European alternative for artificial intelligence.
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Missouri Voters Appear to Recall City Councilman Over Data Center Support
The New York Times – Business:Initial results showed that residents of Independence, Mo., voted overwhelmingly to recall an official who backed billions of dollars in tax breaks for a data center.
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Pennsylvania’s A.I. Gold Rush Meets Second Thoughts
The New York Times – On the Runway:Amid a backlash, Gov. Josh Shapiro is pumping the brakes on enormous data centers. But in a region scarred by the collapse of the steel industry, some welcome billions in construction.