Amazon's planned data center in Pecos County, Texas received a permit to build an on-site power plant that could release up to 33 million tons of CO2 annually, potentially making it the largest source of climate pollution in the United States.
Nvidia has agreed to invest up to $3 billion in Blackstone-backed power infrastructure developer Lancium, which operates the Stargate data center campus in Texas. The deal includes an initial $2 billion investment for approximately 20% equity stake, with an additional $1 billion commitment as Lancium secures more power capacity.
The Department of Energy under the Trump administration removed more than 1,600 web pages that provided guidance on electrical grid preservation, staying cool during heatwaves, and cutting energy costs, according to reports.
The White House plans to bring together utility companies and data center developers to make a voluntary pledge designed to ensure that rapid growth in electricity demand from artificial intelligence does not drive up consumer costs.
The Federal Energy Regulatory Commission issued orders Thursday directing six major grid operators to expedite connection of AI data centers and large electricity users to transmission systems, marking a significant policy shift to address power infrastructure bottlenecks.
Investment firm Bernstein has initiated coverage on Bitcoin miners TeraWulf and Cipher Digital with 'Outperform' ratings and price targets of $36 and $32 respectively, positioning them as 'power landlords' for AI infrastructure. The coverage comes as Bitcoin mining stocks have significantly outperformed BTC in 2026, with miners securing over $110 billion in AI-related deals over the past two years.
