Power utilities across the US are strained by AI data centers, and developers are now tapping banks for letter-of-credit facilities to guarantee billions in grid upgrade costs, with Switch Inc. securi…
Blackstone CEO Stephen Schwarzman said the firm is addressing community concerns around AI development, including workforce, environmental and local economic implications, as opposition to data center…
Local opposition groups to US data center projects surged to 430 from 76 since 2025, with opponents blocking or delaying at least 75 projects worth $130 billion in early 2026, as community acceptance …
Blackstone plans to invest roughly $30 billion in AI data centres in Japan over the next three to five years, betting on demand despite warnings of overcapacity. The firm's president Jonathan Gray arg…