Microsoft increases scrutiny of neocloud projects, report says
Nebius and IREN shares fell more than 16% as Microsoft reportedly weighs new agreements and prioritizes its own data centers.
Google plans $17 billion data center in Wyoming as political opposition grows
A planned 702-megawatt fuel-cell development will provide part of the power for Google's first data center in the state.
Alphabet's Google said on November 5 that it plans to spend $17 billion on its first Wyoming data center, advancing an AI infrastructure project as U.S. election results highlight opposition to the industry's expansion.
Google will develop the facility with Tallgrass Energy, Black Hills Energy, American Electric Power and Related Digital. Some of its electricity will come from a planned fuel-cell development with 702 megawatts of capacity and technology to capture and store carbon. Bloom Energy will supply the fuel cells.
According to Ballotpedia, 41 measures concerning data centers appeared on ballots during the midterm elections, and only one produced an outcome favorable to the facilities. Candidates opposing expansion also won key races in Texas and Georgia, adding to concerns about political obstacles to the buildout.
Investors are reassessing the pace of AI infrastructure development. Bloom Energy shares fell more than 14% amid concerns that potential restrictions could hurt the industry.