Data centers are in the news due to AI and energy costs, tax breaks, and power deals shaping utilities. Big players push for cheaper energy and space.
Three sets of articles show big tech’s data-center expansion driving new energy strategies: ContourGlobal backs a major Scottish storage project; Microsoft, Chevron plan a massive Texas gas plant to serve Kilby data centers; Ford Energy eyes a scalable storage role as demand rises.
Galleries have been shrinking and business models have been under sustained pressure at Art Basel this month, while major players have been narrowing investments and reshaping portfolios across regions. SoftBank has reduced deal activity in Latin America; Pace has cut artists and staff; recruitment firm Hays has sold operations; and community art projects and private collectors are adapting their approaches.
Prologis has made an all-share approach worth 925p a Segro share, valuing Segro at about 3.6bn. Segro’s board has rejected the bid as “a long way short” of value, arguing the US bid undervalues the business. Shares have rallied on the news, while broader property stocks are buoyed by falling gilt yields and hopes of cheaper financing.
Since March 2026, Iran-linked hackers have targeted US critical infrastructure by compromising programmable logic controllers (PLCs) used in water, energy, and government sectors. The FBI, CISA, NSA, and others have issued urgent warnings about disruptions and financial losses. Separately, Russian APT28 has hijacked thousands of routers globally to intercept credentials, escalating cyber threats.
Governor Janet Mills has vetoed a bill that would have paused large data center development in Maine until late 2027. She supports a moratorium but objects to the bill's lack of an exemption for a project in Jay, which is expected to create hundreds of jobs. Mills plans to issue an executive order to examine data center impacts.
Several large-scale construction efforts are moving forward amid legal challenges and funding concerns. In Ohio, a Browns stadium project near Cleveland Hopkins International Airport is proceeding while state funding sits in limbo due to a class-action suit. Meanwhile, US reports indicate expansion in immigrant detention and tech land-use plans renewed attention on local governance and disclosure.
Tom Steyer is under renewed pressure over his position on a moratorium for new data centers as voters weigh affordability and climate policy ahead of the June 2 primary. Greenpeace has disputed his current stance after his comments in a campaign survey.
NextEra Energy has agreed to combine with Dominion Energy in an all-stock deal that values Dominion at about $67bn and would create the world’s largest regulated electric utility, serving roughly 10 million customer accounts across Florida and the Southeast. The transaction is expected to close in 12–18 months, subject to shareholder and regulatory approvals.
A wave of energy storage and grid-neutral projects is reshaping the power landscape. European microgrids in Dublin demonstrate how on-site generation paired with storage can stabilize supply, while a South Dakota project pilots thermal storage adjacent to a biofuels facility to ease wind-backed fluctuations. Simultaneously, a large-scale telecom-to-energy consolidation is prompting questions about consumer costs as regulators weigh rate implications.
A wave of local and state actions is driving a pause in new data-center approvals as officials weigh electricity demand, water use, and community impact. Governors and legislators are considering temporary bans or moratoria while studies assess environmental and economic effects. Industry groups warn against overreach while residents push for local control and benefits.
A wave of city and state actions curbs datacenter expansion amid AI investments. Seattle and New York push moratoriums to reassess power, water use, and community impact while major employers accelerate AI spending and layoffs.
A wave of local and state actions is shaping the data-center boom. New rules aim to curb power use, water consumption and cost pressures, while critics warn of overreach and uneven economic impacts.
Big Tech's push to build AI infrastructure is sparking a nationwide effort to train electricians, welders and other skilled trades. Meta and Google have launched or expanded programs to fund training, paid apprenticeships and job guarantees as data-center buildouts accelerate.
A global study shows that nearly 80% of data-center capacity faces acute climate hazards, with chronic risks affecting over half of markets. Utilities and investors are urged to rethink site selection, cooling, and risk models as climate pressures intensify.
The expansion of AI data centers is meeting increasing resistance from communities, with regulators considering moratoriums and bans while tech giants defend efficiency gains and transparency. New disclosures show progress toward water-use goals, but concerns about environmental impact persist.
The Scotsman argues that scalable, green data centres near Longformacus set new standards in sustainable infrastructure, while highlighting local jobs and energy efficiency. Other outlets report on noise concerns and policy pauses, underscoring divergent views on data center growth and its regional impact. Published June 2026.
The Department of Energy has proposed up to $17.5 billion in loans to support five two-reactor projects built around Westinghouse’s AP1000 design. The plan aims to accelerate construction, standardize supply chains, and attract tech-sector investment, with selections expected after letters of intent were signed by seven potential partners.
The Federal Energy Regulatory Commission has issued region-specific orders to speed grid connections for AI-driven data centers and large energy users, aiming to balance faster power access with consumer costs. The moves target six grid regions serving over 200 million people and seek transparent cost allocation, with responses due within 60 days.
Micron has reported fiscal third-quarter revenue of $41.46 billion and net income of $28.24 billion, sending its shares above $1 trillion in market value and sparking volatile trading in AI-related stocks. The earnings and long-term supply deals reflect surging memory demand from AI data centres, while Apple has warned rising memory costs will force price increases for consumer products.
Federal regulators are directing grid operators to streamline interconnections for AI data centers, with data centers paying upgrade costs. The move aims to support AI growth while protecting consumers, but critics warn it could stress reliability and raise bills.