Trump backs 'tremendously important' AI data centers over oil in global power shift
President Donald Trump said on Friday that data centers could grow into a larger industry than oil, and argued the United States cannot afford to let China lead on artificial intelligence or cryptocurrency.
He made this declaration today in his midterm election interview with Punchbowl News.
“Whoever wins the AI, just wins”
Stressing the importance of AI infrastructure, Trump bluntly stated that “Whoever wins the AI, just wins.”
He categorized data centers as massive revenue generators for local economies, arguing that state governors should slash taxes to attract them rather than putting up roadblocks. He specifically took issue with Texas for pushing back, noting that lower taxes are the key to winning these investments.
Trump also played down worries about the strain these sites put on the power grid. While he admitted that the buildings “need more electricity than the entire nation uses,” he still insisted that the companies behind them are building their own power plants and would not draw from the public supply.
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