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Big Tech Faces Higher AI Costs as States Roll Back Data Center Tax Breaks

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The Story

News Summary

  • Multiple U.S.
  • states are reconsidering or cutting data-center tax exemptions amid surging electricity grid costs and limited job creation.
  • The shift threatens to raise capital expenditures, complicate site selection, and increase long-term operational costs for major hyperscalers including Google, Amazon, and Meta.
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