The midterms didn’t stop the AI buildout. They simply repriced it—and OpenAI is already promising to pay up
Source: Fortune ·
Two days after voters rejected data centers almost everywhere, OpenAI pledged to cover its own power bills and post financial guarantees.
From the source
Two days after what appears to be voters rejecting data centers in town after town, OpenAI went shopping for something it can’t build: permission. On Thursday, the company published a National Community Compact, in which the company pledged to pay for the electricity and grid infrastructure of the data center campuses it owns and operates. It also pledged to post financial guarantees before major spending begins, so other utility customers aren’t stuck with the bill if a project is delayed or canceled. The company told Fortune this has been months in the making and is something they’ve been pledging in their data center campuses already—the compact is simply the first time OpenAI put in writing a number of pledges it has already undertaken. Mining and energy companies have a name for what OpenAI is after: a social license. (If you’re interested, you can read my grad school capstone about social license in Peru, which has since been enacted into law). These are a type of Community…
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