China is pulling ahead of the rest of the world in sinking data centers that power AI into the ocean as an alternate way to keep them cool

Meta is building data centers in tents to rapidly scale AI infrastructure and try to catch rivals such as DeepSeek, OpenAI, Anthropic, and Google.

National and state political leaders are rushing to regulate and incentivize the rapidly growing data center industry.

Data center operators in China, which use Nvidia’s H20 chips to crunch data for various AI services, have been struggling to find a local alternative that is as good as the U.S. company’s chips.

A project near Carlisle was the 2nd largest out of 18 projects discussed at a major energy conference Tuesday attended by President Trump and Gov. Shapiro.

The proposed data center would include 18 buildings, each about 250,000 square feet, on rural land owned by a timber land property owner on Rock Mountain Lake Road, the Birmingham Business Journal reported. The developer is proposing the $14 billion project as a 4.5 million-square-foot campus, BBJ reported.

The MEA region is experiencing significant growth in its data center market. As of 2024, the market was valued at approximately USD $8.63 billion and is projected to reach USD $19.89 billion by 2030, growing at a CAGR of 14.93%.

CNBC's Diana Olick reports on news regarding real estate and power generation in outer space.