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Data centers are no longer an emerging industry. Driven by cloud computing, crypto mining and artificial intelligence, they are spreading rapidly across Texas, and the projected cost of the tax break has climbed into the billions. On Monday, the state senate finance committee asked if it was time to end the sales tax break for data centers.
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For years, the state has been the leading exporter of semiconductor chips. After the Legislature invested more than $1.5 billion into incentives since 2023, the industry has been booming.
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After 20 years as AT&T Stadium and nearly 80 years bearing the name of former university president Clifford Jones, Texas Tech Athletics has announced that the Red Raiders will now play from "Galaxy Stadium." The 15-year naming rights deal between Texas Tech and data center developer Galaxy is just the latest in a push from university leadership to join in on high-tech research, large-scale data, and AI.
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Paxton is banking on his recent lawsuits against tech and social media companies like Meta, WhatsApp and Discord to win a Senate seat, building on notable victories in years past.
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Data center construction is unpopular among locals, and a majority of the facilities are being proposed in red, rural counties. That puts Texas Republicans in a tough spot, as the White House has encouraged states to let the centers flourish.
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Kansas is among the first wave of states to attempt to pass such a law.
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Three women whose children and grandchild were killed in Russian attacks on Ukraine allege four companies — two based in North Texas — failed to prevent Russia and Iran from obtaining their technology to use in the ongoing war.
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The virtual power purchase agreement was announced earlier this month.
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Baby boomers and Generation Xers who lived through the dot-com crash had their views of the industry shaped by the experience.
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Despite coming to the Lone Star State with workers who often identify with progressive politics, California tech companies have so far made little protest over the state's recent rightward political shift.