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2 weeks ago

New York becomes first state to freeze new AI data centers in move critics warn could drive away jobs

New York Gov. Kathy Hochul on Tuesday issued the nation's first statewide temporary ban on new AI data centers in a sweeping move critics have long warned could drive tech investment and jobs out of New York.The moratorium, which the Democrat signed as an executive order, will remain in effect for up to one year as demand for massive hyperscale data centers has surged across the state.Hochul said the initiative would require large data centers to shoulder more of the infrastructure costs they create and is intended to protect New Yorkers from rising utility bills and other financial risks asso...

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2 weeks ago
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