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<title>Bisnow News Feed</title>
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<description>Bisnow Data Center News</description>
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<title>DOJ Urges Court To Drop Suit Against Elon Musk's Colossus Data Center</title>
<link>https://www.bisnow.com/national/news/data-center-sustainability-operations/citing-national-security-trump-doj-backs-musk-memphis-data-center-facing-naacp-suit-135047</link>
<guid>https://www.bisnow.com/national/news/data-center-sustainability-operations/citing-national-security-trump-doj-backs-musk-memphis-data-center-facing-naacp-suit-135047</guid>
<description>Elon Musk is getting an assist from the Trump administration’s Department of Justice as his AI firm faces a legal battle with the NAACP.
The civil rights organization filed a lawsuit in April alleging that xAI's Colossus data centers in Memphis, Tennessee,...</description>
<author>dan.rabb@bisnow.com</author>
<pubDate>Tue, 16 Jun 2026 14:25:59 -0400</pubDate>
<content:encoded><![CDATA[Elon Musk is getting an assist from the Trump administration’s Department of Justice as his AI firm faces a legal battle with the NAACP.
The civil rights organization filed a lawsuit in April alleging that xAI's Colossus data centers in Memphis, Tennessee, violate federal environmental laws. The DOJ, in a filing this week, urged a federal judge to dismiss the suit, arguing that these data centers — and the Grok artificial intelligence models they enable — are critical for national security. ]]></content:encoded>
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<title>14 States, Dozens Of Localities Consider Bans On Data Centers</title>
<link>https://www.bisnow.com/national/news/data-center-community-relations/14-states-dozens-localities-consider-data-center-bans-135009</link>
<guid>https://www.bisnow.com/national/news/data-center-community-relations/14-states-dozens-localities-consider-data-center-bans-135009</guid>
<description>Opposition to data center development has intensified across the U.S.
A fast-growing number of states and local governments have passed or are debating moratoriums on new data center construction. This wave of data center bans spreading across the country...</description>
<author>dan.rabb@bisnow.com</author>
<pubDate>Fri, 12 Jun 2026 16:09:03 -0400</pubDate>
<content:encoded><![CDATA[Opposition to data center development has intensified across the U.S.
A fast-growing number of states and local governments have passed or are debating moratoriums on new data center construction. This wave of data center bans spreading across the country threatens to further impede an industry already struggling to secure enough land and power to meet surging demand. ]]></content:encoded>
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<title>Let's See Some ID: A Walk Through The Security Layers Of A Data Center </title>
<link>https://www.bisnow.com/national/news/data-center-sustainability-operations/security-data-center-ameristar-studiob-134786</link>
<guid>https://www.bisnow.com/national/news/data-center-sustainability-operations/security-data-center-ameristar-studiob-134786</guid>
<description>When Dorothy and her friends finally made it to the gates of the Emerald City, all they had to do to meet the wizard was present a pair of ruby slippers. They're lucky those gates weren't operating like a modern data center, however: That would have required...</description>
<author>john.krukowski@bisnow.com</author>
<pubDate>Fri, 29 May 2026 13:13:19 -0400</pubDate>
<content:encoded><![CDATA[When Dorothy and her friends finally made it to the gates of the Emerald City, all they had to do to meet the wizard was present a pair of ruby slippers. They're lucky those gates weren't operating like a modern data center, however: That would have required significantly more steps for them to enter.
“Data centers are mission-critical operations, which means they are going to have a lot more layers of security than most buildings,” said Brandy Byrd Chapman, a data center security expert for Ameristar Perimeter Security. “Think of a military base: You're going to go through several layers of security...]]></content:encoded>
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<title>'Infrastructure Of The Future': $75B SpaceX IPO To Fuel Data Center Expansion On Land And In Orbit</title>
<link>https://www.bisnow.com/national/news/data-center-development/spacex-ipo-orbital-135005</link>
<guid>https://www.bisnow.com/national/news/data-center-development/spacex-ipo-orbital-135005</guid>
<description>While SpaceX founder Elon Musk’s long-term goal is to make Mars a new real estate frontier, the company’s record-breaking initial public offering Friday had more implications for data centers, both terrestrial and in Earth’s orbit.
The company raised...</description>
<author>noah.zucker@bisnow.com</author>
<pubDate>Fri, 12 Jun 2026 12:53:48 -0400</pubDate>
<content:encoded><![CDATA[While SpaceX founder Elon Musk’s long-term goal is to make Mars a new real estate frontier, the company’s record-breaking initial public offering Friday had more implications for data centers, both terrestrial and in Earth’s orbit.
The company raised $75B with the IPO, giving it a valuation of around $1.7T. This massive influx of funds could allow SpaceX to further expand its sprawling nationwide real estate portfolio. Musk also aims to revolutionize the data center sector. ]]></content:encoded>
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<title>How An Integrated Approach To Infrastructure Prepares Data Centers For Future Growth</title>
<link>https://www.bisnow.com/national/news/data-center-development/data-center-infrastructure-nucor-studiob-134726</link>
<guid>https://www.bisnow.com/national/news/data-center-development/data-center-infrastructure-nucor-studiob-134726</guid>
<description>The growth of artificial intelligence is changing not only the computing power and resource needs of data centers but also the weight demands placed on racks, cabinets and other hardware needed to house the tens of thousands of servers found in a typical...</description>
<author>john.krukowski@bisnow.com</author>
<pubDate>Tue, 26 May 2026 14:10:48 -0400</pubDate>
<content:encoded><![CDATA[The growth of artificial intelligence is changing not only the computing power and resource needs of data centers but also the weight demands placed on racks, cabinets and other hardware needed to house the tens of thousands of servers found in a typical data center.
“When AMD or Nvidia comes out with a new chip that changes the cooling requirements or the power needed, it also changes the infrastructure inside the data center,” said Daniel Aguirre, commercial director of Nucor Data Systems. “Everything's becoming heavier, as there's more liquid needed for cooling. But is the infrastructure inside the data center designed to future-proof and...]]></content:encoded>
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<title>Wall Street Is Funding The AI Build-Out With Bonds The SEC Never Sees</title>
<link>https://www.bisnow.com/national/news/data-center-development/a-quiet-corner-of-private-credit-has-fueled-60b-in-data-center-development-134982</link>
<guid>https://www.bisnow.com/national/news/data-center-development/a-quiet-corner-of-private-credit-has-fueled-60b-in-data-center-development-134982</guid>
<description>Billions of dollars are being poured into a niche corner of the private credit world to build data centers despite jitters on Wall Street about the lenders' concentration in artificial intelligence. 
Data center development is increasingly being financed...</description>
<author>matthew.wasielewski@bisnow.com</author>
<pubDate>Thu, 11 Jun 2026 13:47:10 -0400</pubDate>
<content:encoded><![CDATA[Billions of dollars are being poured into a niche corner of the private credit world to build data centers despite jitters on Wall Street about the lenders' concentration in artificial intelligence. 
Data center development is increasingly being financed with 144A bonds, debt securities that don’t need to be registered with the Securities and Exchange Commission and are sold only to qualifying institutional buyers in private markets. For data centers, the burgeoning market was practically barren a year ago, but today it is rapidly expanding and propelling construction.
“What 144A offers is speed, scale and a broad institutional investor base that can move relatively quickly,”...]]></content:encoded>
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<title>OpenAI Reportedly In Talks For $500B Data Center Campus On Federal Land</title>
<link>https://www.bisnow.com/national/news/data-center-development/openai-500b-dollar-data-center-campus-federal-land-nvidia-134983</link>
<guid>https://www.bisnow.com/national/news/data-center-development/openai-500b-dollar-data-center-campus-federal-land-nvidia-134983</guid>
<description>OpenAI is reportedly negotiating to lease a planned 10-gigawatt data center development on land owned by the U.S. Department of Energy in Ohio.</description>
<author>dan.rabb@bisnow.com</author>
<pubDate>Thu, 11 Jun 2026 14:21:06 -0400</pubDate>
<content:encoded><![CDATA[OpenAI is reportedly negotiating to lease a planned 10-gigawatt data center development on land owned by the U.S. Department of Energy in Ohio.]]></content:encoded>
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<title>KKR Taps Nvidia, Kuwaiti Fund To Launch $10B Data Center Business</title>
<link>https://www.bisnow.com/national/news/data-center-capital-markets/kkr-taps-nvidia-and-kuwaiti-wealth-fund-to-launch-10b-data-center-business-134970</link>
<guid>https://www.bisnow.com/national/news/data-center-capital-markets/kkr-taps-nvidia-and-kuwaiti-wealth-fund-to-launch-10b-data-center-business-134970</guid>
<description>Private equity giant KKR is teaming up with Nvidia and Kuwait’s sovereign wealth fund to launch a new data center developer and operator. 
KKR debuted Helix Digital Infrastructure on Thursday with more than $10B in capital commitments, promising...</description>
<author>matthew.wasielewski@bisnow.com</author>
<pubDate>Thu, 11 Jun 2026 11:31:46 -0400</pubDate>
<content:encoded><![CDATA[Private equity giant KKR is teaming up with Nvidia and Kuwait’s sovereign wealth fund to launch a new data center developer and operator. 
KKR debuted Helix Digital Infrastructure on Thursday with more than $10B in capital commitments, promising to be a single coordination point for hyperscalers’ data center, power and connectivity needs. Adam Selipsky, former CEO of Amazon Web Services, is leading the new company.]]></content:encoded>
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<title>Data Center Developer Seeks To Build 300K SF Facility Near Raleigh</title>
<link>https://www.bisnow.com/raleigh-durham/news/data-center/data-center-developer-applies-to-build-300k-sf-facility-in-lee-county-134947</link>
<guid>https://www.bisnow.com/raleigh-durham/news/data-center/data-center-developer-applies-to-build-300k-sf-facility-in-lee-county-134947</guid>
<description>A Virginia-based developer is aiming to bring a new 400-acre data center to North Carolina in a county southwest of downtown Raleigh.
</description>
<author>jessica.beebe@bisnow.com</author>
<pubDate>Wed, 10 Jun 2026 10:33:40 -0400</pubDate>
<content:encoded><![CDATA[A Virginia-based developer is aiming to bring a new 400-acre data center to North Carolina in a county southwest of downtown Raleigh.
]]></content:encoded>
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<title>Tech Giants Have Long Kept Data Center Deals Secret. Public Outcry Is Forcing A Rethink</title>
<link>https://www.bisnow.com/national/news/data-center-community-relations/public-blowback-data-center-firms-rethinking-nondisclosure-agreements-ndas-134928</link>
<guid>https://www.bisnow.com/national/news/data-center-community-relations/public-blowback-data-center-firms-rethinking-nondisclosure-agreements-ndas-134928</guid>
<description>Data center builders for years have asked local government officials to sign nondisclosure agreements before discussing potential projects.
Now, as public opposition to data centers intensifies in communities across the U.S., these NDAs are becoming...</description>
<author>dan.rabb@bisnow.com</author>
<pubDate>Tue, 09 Jun 2026 12:35:29 -0400</pubDate>
<content:encoded><![CDATA[Data center builders for years have asked local government officials to sign nondisclosure agreements before discussing potential projects.
Now, as public opposition to data centers intensifies in communities across the U.S., these NDAs are becoming political liabilities, prompting some developers and tech giants to reconsider whether the benefits of secrecy outweigh the costs.]]></content:encoded>
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<title>Blue Owl Provides Nearly $1B In Refinancing For Northern Virginia Data Center</title>
<link>https://www.bisnow.com/washington-dc/news/data-center-capital-markets/blue-owl-provides-nearly-1b-in-refinancing-for-northern-virginia-data-center-134929</link>
<guid>https://www.bisnow.com/washington-dc/news/data-center-capital-markets/blue-owl-provides-nearly-1b-in-refinancing-for-northern-virginia-data-center-134929</guid>
<description>A newly delivered data center in Prince William County, Virginia, has gotten a nearly $1B infusion of new financing.</description>
<author>alexis.kramer@bisnow.com</author>
<pubDate>Tue, 09 Jun 2026 13:34:49 -0400</pubDate>
<content:encoded><![CDATA[A newly delivered data center in Prince William County, Virginia, has gotten a nearly $1B infusion of new financing.]]></content:encoded>
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<title>Charlotte Approves 150-Day Pause On New Data Center Projects</title>
<link>https://www.bisnow.com/charlotte/news/data-center-community-relations/charlotte-approves-150-day-pause-data-center-development-134903</link>
<guid>https://www.bisnow.com/charlotte/news/data-center-community-relations/charlotte-approves-150-day-pause-data-center-development-134903</guid>
<description>The Charlotte City Council has approved a 150-day pause on new data center development, the latest locality to implement a moratorium amid rising national pushback against construction of the facilities.</description>
<author>jessica.beebe@bisnow.com</author>
<pubDate>Mon, 08 Jun 2026 09:00:50 -0400</pubDate>
<content:encoded><![CDATA[The Charlotte City Council has approved a 150-day pause on new data center development, the latest locality to implement a moratorium amid rising national pushback against construction of the facilities.]]></content:encoded>
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<title>DigitalBridge Nabs Newmark Exec And Battery Unicorn Founder </title>
<link>https://www.bisnow.com/national/news/data-center-capital-markets/digitalbridge-hires-newmark-finance-pro-and-battery-maven-134906</link>
<guid>https://www.bisnow.com/national/news/data-center-capital-markets/digitalbridge-hires-newmark-finance-pro-and-battery-maven-134906</guid>
<description>DigitalBridge, fresh off its acquisition by SoftBank, is moving to pick up market share in the increasingly crowded data center sector, hiring a former Newmark capital markets executive and the founder of a grid-scale battery company.</description>
<author>matthew.wasielewski@bisnow.com</author>
<pubDate>Mon, 08 Jun 2026 11:16:09 -0400</pubDate>
<content:encoded><![CDATA[DigitalBridge, fresh off its acquisition by SoftBank, is moving to pick up market share in the increasingly crowded data center sector, hiring a former Newmark capital markets executive and the founder of a grid-scale battery company.]]></content:encoded>
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<title>Texas' New Grid Rules Could Put Billions In Data Center Projects At Risk</title>
<link>https://www.bisnow.com/houston/news/data-center-power/ercot-approves-rules-for-data-center-developers-power-demand-134877</link>
<guid>https://www.bisnow.com/houston/news/data-center-power/ercot-approves-rules-for-data-center-developers-power-demand-134877</guid>
<description>Texas’ primary electricity grid operator signed off on new rules for data center operators and developers that could have billions of dollars of repercussions if finalized.
The Electric Reliability Council of Texas is looking to establish new criteria...</description>
<author>maddy.mccarty@bisnow.com</author>
<pubDate>Thu, 04 Jun 2026 17:35:41 -0400</pubDate>
<content:encoded><![CDATA[Texas’ primary electricity grid operator signed off on new rules for data center operators and developers that could have billions of dollars of repercussions if finalized.
The Electric Reliability Council of Texas is looking to establish new criteria and processes for bringing major energy demanders onto the grid as data centers and other large loads have asked for 450 gigawatts of power, more than five times the all-time high power demand ERCOT has ever recorded, E&E News By Politico reported.]]></content:encoded>
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<title>Data Center Lobbying Muscle Shifts To Statehouses As Local Battles Boil</title>
<link>https://www.bisnow.com/national/news/data-center-community-relations/data-center-dollars-poised-to-impact-local-elections-where-development-decisions-made-134874</link>
<guid>https://www.bisnow.com/national/news/data-center-community-relations/data-center-dollars-poised-to-impact-local-elections-where-development-decisions-made-134874</guid>
<description>After pouring more than $1.1B into federal lobbying the past two years, Big Tech is increasingly redirecting its political firepower to the places where its data center projects actually live or die: statehouses and municipalities. That pivot is accelerating...</description>
<author>patrick.sisson@bisnow.com</author>
<pubDate>Thu, 04 Jun 2026 15:17:44 -0400</pubDate>
<content:encoded><![CDATA[After pouring more than $1.1B into federal lobbying the past two years, Big Tech is increasingly redirecting its political firepower to the places where its data center projects actually live or die: statehouses and municipalities. That pivot is accelerating just as major states like Texas and California ramp up their focus on data center regulation.
The industry’s spending patterns are shifting as the battleground changes. Local officials, not federal regulators, decide zoning, tax breaks and interconnection approvals for data centers — the levers that determine whether billions in digital infrastructure projects ever break ground. 
“This is just not something that we were looking at as a factor...]]></content:encoded>
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<title>SoCal City Decisively Passes First-In-Nation Data Center Ban</title>
<link>https://www.bisnow.com/los-angeles/news/data-center-development/monterey-park-data-centers-ban-approved-134854</link>
<guid>https://www.bisnow.com/los-angeles/news/data-center-development/monterey-park-data-centers-ban-approved-134854</guid>
<description>A San Gabriel Valley city has passed the nation's first permanent citywide data center ban by a wide margin. 
More than 86% of voters in Monterey Park voted in favor of the ban as of midday Wednesday. 
The ban, called Measure NDC, prohibits data...</description>
<author>bianca.barragan@bisnow.com</author>
<pubDate>Wed, 03 Jun 2026 14:43:39 -0400</pubDate>
<content:encoded><![CDATA[A San Gabriel Valley city has passed the nation's first permanent citywide data center ban by a wide margin. 
More than 86% of voters in Monterey Park voted in favor of the ban as of midday Wednesday. 
The ban, called Measure NDC, prohibits data centers within city limits. Only another citywide vote could overturn it. 
Popular sentiment has been building against data centers in the San Gabriel Valley broadly and especially in Monterey Park, where Australian asset management company HMC Capital had proposed a 250K SF data center project.
HMC withdrew the project application in April, the San Gabriel Valley Tribune reported. 
The city of roughly 62,000 residents has had a moratorium on new data center projects in...]]></content:encoded>
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<title>Colorado Developer Secures $3B For Data Center Campus North Of Austin</title>
<link>https://www.bisnow.com/austin-san-antonio/news/data-center/sustainable-developer-bringing-data-center-campus-to-temple-134759</link>
<guid>https://www.bisnow.com/austin-san-antonio/news/data-center/sustainable-developer-bringing-data-center-campus-to-temple-134759</guid>
<description>The city of Temple is getting a new data center campus.</description>
<author>jessica.beebe@bisnow.com</author>
<pubDate>Thu, 28 May 2026 11:20:46 -0400</pubDate>
<content:encoded><![CDATA[The city of Temple is getting a new data center campus.]]></content:encoded>
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<title>Data Center Land Deals Surged 141% In Q1, Warping The Market For Everyone Else</title>
<link>https://www.bisnow.com/national/news/data-center-development/data-center-sites-are-warping-the-market-for-developable-land-134771</link>
<guid>https://www.bisnow.com/national/news/data-center-development/data-center-sites-are-warping-the-market-for-developable-land-134771</guid>
<description>The race to acquire land capable of powering new data centers is consuming the market for development sites nationwide.
Nationally, sales of land earmarked for future data center development totaled roughly $3.3B in the first three months of 2026, up...</description>
<author>ryan.wangman@bisnow.com</author>
<pubDate>Thu, 28 May 2026 16:10:14 -0400</pubDate>
<content:encoded><![CDATA[The race to acquire land capable of powering new data centers is consuming the market for development sites nationwide.
Nationally, sales of land earmarked for future data center development totaled roughly $3.3B in the first three months of 2026, up 141% from the same period in 2025, according to data provided to Bisnow by Avison Young. Roughly 30% of all spending on development sites in the first quarter went to data center land deals, up from about 19% in 2025.  
The number of data center sites sold actually dropped, from 20 to 16, demonstrating that the value of land with the power and...]]></content:encoded>
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<title>Charlotte Locals Speak Out Against Data Centers As City Moves Toward Moratorium Vote</title>
<link>https://www.bisnow.com/charlotte/news/data-center-community-relations/charlotte-residents-data-center-moratorium-134739</link>
<guid>https://www.bisnow.com/charlotte/news/data-center-community-relations/charlotte-residents-data-center-moratorium-134739</guid>
<description>Charlotte residents packed a city council meeting this week to rally in support of a pause on data center development.</description>
<author>jessica.beebe@bisnow.com</author>
<pubDate>Wed, 27 May 2026 10:27:36 -0400</pubDate>
<content:encoded><![CDATA[Charlotte residents packed a city council meeting this week to rally in support of a pause on data center development.]]></content:encoded>
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<title>Microsoft, Google, Amazon, Meta Back Initiative To Test Eco-Friendly Data Center Tech</title>
<link>https://www.bisnow.com/national/news/data-center-sustainability-operations/nonprofit-investor-tech-giants-environmentally-friendly-data-center-initiative-134742</link>
<guid>https://www.bisnow.com/national/news/data-center-sustainability-operations/nonprofit-investor-tech-giants-environmentally-friendly-data-center-initiative-134742</guid>
<description>Amid growing backlash against data centers, which now count the Vatican as a critic, four of the companies pouring hundreds of billions of dollars into their build-out are backing a new initiative focused on testing new and environmentally friendly...</description>
<author>chloe.gallivan@bisnow.com</author>
<pubDate>Wed, 27 May 2026 11:47:05 -0400</pubDate>
<content:encoded><![CDATA[Amid growing backlash against data centers, which now count the Vatican as a critic, four of the companies pouring hundreds of billions of dollars into their build-out are backing a new initiative focused on testing new and environmentally friendly technologies in data centers.]]></content:encoded>
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<title>Landowners Urge Virginia Top Court To Pass On Blackstone's Digital Gateway Fight</title>
<link>https://www.bisnow.com/washington-dc/news/data-center/landowners-urge-virginia-high-court-to-pass-on-digital-gateway-fight-134716</link>
<guid>https://www.bisnow.com/washington-dc/news/data-center/landowners-urge-virginia-high-court-to-pass-on-digital-gateway-fight-134716</guid>
<description>A group of landowners is asking the Virginia Supreme Court to turn down Blackstone’s legal fight for a massive data center corridor in Prince William County.</description>
<author>alexis.kramer@bisnow.com</author>
<pubDate>Mon, 25 May 2026 19:58:48 -0400</pubDate>
<content:encoded><![CDATA[A group of landowners is asking the Virginia Supreme Court to turn down Blackstone’s legal fight for a massive data center corridor in Prince William County.]]></content:encoded>
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<title>'Demand Has Gone Parabolic': Nvidia's Earnings Reveal AI Data Center Shifts</title>
<link>https://www.bisnow.com/national/news/data-center-capital-markets/nvidia-record-earnings-ai-cloud-startups-boosting-data-center-demand-134689</link>
<guid>https://www.bisnow.com/national/news/data-center-capital-markets/nvidia-record-earnings-ai-cloud-startups-boosting-data-center-demand-134689</guid>
<description>Nvidia’s record earnings show surging demand for AI computing, and they reflect the changing contours of the AI data center landscape. </description>
<author>dan.rabb@bisnow.com</author>
<pubDate>Thu, 21 May 2026 14:22:17 -0400</pubDate>
<content:encoded><![CDATA[Nvidia’s record earnings show surging demand for AI computing, and they reflect the changing contours of the AI data center landscape. ]]></content:encoded>
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<title>Largest U.S. Grid Operator Accelerates Timeline For Powering New Data Centers</title>
<link>https://www.bisnow.com/national/news/data-center-power/largest-us-grid-operator-accelerates-timeline-powering-new-data-centers-134684</link>
<guid>https://www.bisnow.com/national/news/data-center-power/largest-us-grid-operator-accelerates-timeline-powering-new-data-centers-134684</guid>
<description>The skies are beginning to clear for data center developers seeking new electricity on the 13-state power grid operated by PJM Interconnection. </description>
<author>jon.banister@bisnow.com</author>
<pubDate>Thu, 21 May 2026 11:08:38 -0400</pubDate>
<content:encoded><![CDATA[The skies are beginning to clear for data center developers seeking new electricity on the 13-state power grid operated by PJM Interconnection. ]]></content:encoded>
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<title>Blackstone Bets $5B On AI Cloud Venture With Google</title>
<link>https://www.bisnow.com/national/news/data-center-capital-markets/blackstone-bets-5b-ai-cloud-jv-google-134646</link>
<guid>https://www.bisnow.com/national/news/data-center-capital-markets/blackstone-bets-5b-ai-cloud-jv-google-134646</guid>
<description>Google and Blackstone are partnering to launch a new AI-focused cloud provider. </description>
<author>dan.rabb@bisnow.com</author>
<pubDate>Tue, 19 May 2026 14:17:10 -0400</pubDate>
<content:encoded><![CDATA[Google and Blackstone are partnering to launch a new AI-focused cloud provider. ]]></content:encoded>
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<title>NextEra, Dominion To Merge As Demand For Data Center Power Spikes</title>
<link>https://www.bisnow.com/national/news/data-center/nextera-dominion-to-merge-to-create-ai-feeding-powerhouse-134621</link>
<guid>https://www.bisnow.com/national/news/data-center/nextera-dominion-to-merge-to-create-ai-feeding-powerhouse-134621</guid>
<description>Two of the country’s largest utility companies have plans to merge as the nationwide data center boom is driving demand for electricity.</description>
<author>jarred@bisnow.com</author>
<pubDate>Mon, 18 May 2026 12:20:18 -0400</pubDate>
<content:encoded><![CDATA[Two of the country’s largest utility companies have plans to merge as the nationwide data center boom is driving demand for electricity.]]></content:encoded>
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<title>The 'Whale Hunting' Era Of Data Center Development May Be Ending</title>
<link>https://www.bisnow.com/national/news/data-center-development/whale-hunting-bragawatts-era-data-center-development-ending-134612</link>
<guid>https://www.bisnow.com/national/news/data-center-development/whale-hunting-bragawatts-era-data-center-development-ending-134612</guid>
<description>The AI-driven data center boom of the past two years has been defined by hyperscale campuses in remote locations with hundreds of megawatts or even gigawatts of computing capacity — far larger than data centers have ever been built before.
But now, leaders...</description>
<author>dan.rabb@bisnow.com</author>
<pubDate>Sun, 17 May 2026 09:47:22 -0400</pubDate>
<content:encoded><![CDATA[The AI-driven data center boom of the past two years has been defined by hyperscale campuses in remote locations with hundreds of megawatts or even gigawatts of computing capacity — far larger than data centers have ever been built before.
But now, leaders from across the sector say the pendulum is swinging back in the other direction, with a growing share of development dollars flowing toward what are now considered small data centers. ]]></content:encoded>
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<title>Energy Secretary: U.S. To Finance Parts For 10 Nuclear Reactors To Power Data Centers</title>
<link>https://www.bisnow.com/national/news/data-center-power/department-energy-finance-10-nuclear-reactors-fuel-ai-data-centers-134604</link>
<guid>https://www.bisnow.com/national/news/data-center-power/department-energy-finance-10-nuclear-reactors-fuel-ai-data-centers-134604</guid>
<description>Energy Secretary Chris Wright says he wants to rapidly accelerate nuclear power production to fuel the data center boom, and he is putting the government's money where his mouth is. 
The top U.S. energy official, speaking Thursday afternoon at Bisnow's...</description>
<author>jon.banister@bisnow.com</author>
<pubDate>Fri, 15 May 2026 12:37:34 -0400</pubDate>
<content:encoded><![CDATA[Energy Secretary Chris Wright says he wants to rapidly accelerate nuclear power production to fuel the data center boom, and he is putting the government's money where his mouth is. 
The top U.S. energy official, speaking Thursday afternoon at Bisnow's Data Center Investment Conference, said he had a meeting earlier that day about a plan to partner with developers and lend federal money to order parts for nuclear reactors that require yearslong waits. ]]></content:encoded>
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<title>CIM Group Launches Platform To Invest In Rural QOZ Power Projects</title>
<link>https://www.bisnow.com/national/news/data-center-power/cim-group-launches-permanent-power-company-focused-on-rural-qozs-134599</link>
<guid>https://www.bisnow.com/national/news/data-center-power/cim-group-launches-permanent-power-company-focused-on-rural-qozs-134599</guid>
<description>As artificial intelligence and data center development continue to grow in importance within the real estate marketplace, one company is looking to capitalize on the need for power.
CIM Group plans to launch a national power platform, Permanent Power...</description>
<author>taylor.driscoll@bisnow.com</author>
<pubDate>Fri, 15 May 2026 12:48:54 -0400</pubDate>
<content:encoded><![CDATA[As artificial intelligence and data center development continue to grow in importance within the real estate marketplace, one company is looking to capitalize on the need for power.
CIM Group plans to launch a national power platform, Permanent Power Co., to invest in rural qualified opportunity zones, the firm announced on Friday. 
With the move, the Los Angeles-based firm will consolidate its operations in solar generation, energy storage, transmission infrastructure and development projects under one umbrella.
Permanent Power Co. currently has one solar project under construction, known as the Grape project, and another construction-ready project named Daylight. Both projects are located within a 20,000-acre solar...]]></content:encoded>
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<title>Blackstone's Data Center REIT Hits Its $1.75B Initial Target In Debut</title>
<link>https://www.bisnow.com/national/news/data-center/blackstones-data-center-reit-raises-175b-in-debut-as-share-prices-fall-134583</link>
<guid>https://www.bisnow.com/national/news/data-center/blackstones-data-center-reit-raises-175b-in-debut-as-share-prices-fall-134583</guid>
<description>Blackstone’s new data center real estate investment trust raised $1.75B in its U.S. stock market debut Thursday, with underwriters able to consider raising the proceeds of its initial public offering an additional $250M.
Blackstone Digital Infrastructure...</description>
<author>jarred@bisnow.com</author>
<pubDate>Thu, 14 May 2026 12:14:05 -0400</pubDate>
<content:encoded><![CDATA[Blackstone’s new data center real estate investment trust raised $1.75B in its U.S. stock market debut Thursday, with underwriters able to consider raising the proceeds of its initial public offering an additional $250M.
Blackstone Digital Infrastructure Trust is targeting the acquisition of newly built data centers occupied by hyperscalers and valued between $250M and $1.5B, Bloomberg reported. The REIT sold 87.5 million shares at a fixed price of $20 per share.
Underwriters of the REIT have 30 days from the IPO to lift the proceeds it can raise to $2B, Seeking Alpha reported.
Blackstone has identified around $25B in potential near-term data center...]]></content:encoded>
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<title>Google, SpaceX In Talks To Launch Orbital Data Centers As Space Race Accelerates</title>
<link>https://www.bisnow.com/national/news/data-center-sustainability-operations/skepticism-space-data-centers-fading-134571</link>
<guid>https://www.bisnow.com/national/news/data-center-sustainability-operations/skepticism-space-data-centers-fading-134571</guid>
<description>The race to build AI infrastructure in space is rapidly moving from science fiction toward reality. 
Three new indications that data centers in space are becoming a legitimate idea emerged this week: a $2B valuation for a space computing startup, a...</description>
<author>dan.rabb@bisnow.com</author>
<pubDate>Wed, 13 May 2026 17:17:45 -0400</pubDate>
<content:encoded><![CDATA[The race to build AI infrastructure in space is rapidly moving from science fiction toward reality. 
Three new indications that data centers in space are becoming a legitimate idea emerged this week: a $2B valuation for a space computing startup, a response from NASA over a Jeff Bezos-backed orbital data center venture, and a potential data center partnership between two of the biggest names in the business world.]]></content:encoded>
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