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Texas data center boom collides with soaring construction costs

Texas data center boom collides with soaring construction costs

Photo: Crypto Briefing

A Bloomberg analysis finds Texas data center projects now cost tens of billions as materials, labor and grid politics squeeze builders Building the physical backbone of artificial intelligence in Texas has become a very expensive hobby. According to a Bloomberg analysis, a single data center project in the state can now carry development costs in the tens of billions of dollars. Texas leads US data center development, with a project pipeline that has passed $50 billion . Annual investment in the state is projected to reach $66.2 billion in 2026.

Source: Crypto Briefing

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