Texas lawmakers are debating whether to regulate prediction markets like Kalshi as financial exchanges or as gambling. This decision will set a major precedent for how new fintech platforms are treated across the U.S.
Samsung is developing floating data centers for Texas. These waterborne facilities could provide 50MW of power and use the surrounding water for cooling, significantly speeding up construction compared to land-based sites.
Data centers and crypto miners in Texas are failing crucial grid stability tests. This threatens the state's power supply and could lead to stricter rules and higher costs for large-scale computing and AI operations.
New data centers and crypto sites in Texas are failing key reliability tests. This puts the state's power grid at risk of outages this summer, threatening any business that relies on infrastructure in the major tech hub.
For the first time, Texas is home to more Fortune 500 companies than California, with 57 headquarters compared to California's 56. This shift reflects changing economic trends and business climates across the United States.
Vesper Energy has secured $236 million for a new 201 MW solar farm in Texas, set to power 53,000 homes. The project, launching in 2027, responds to rising electricity demand on the ERCOT grid, partly driven by the needs of power-hungry data centers.