The AI data center boom is moving closer to cities — and this Texas developer just raised $2 billion to bet on it

Texas is becoming a hot spot for AI data centers, including mega-campuses like Stargate in Abilene. Bloomberg/Getty Images A Dallas-based data center developer secured $2 billion for a data center project. The AI boom is shifting toward facilities closer to users, not just remote mega campuses. Demand for AI compute is surging, but the project had to navigate cautious lenders. Texas has become a hot spot for jumbo-sized data centers in far-flung locations that provide the heavy computing fo...