Business & Economy
Big tech is investing millions in data centers and saving a quick tax buck while doing it—leaving some states collecting revenue loss
36 out of the 50 states in the country employ tax incentives for data center development, allowing the projects to save on equipment costs.
Story Brief
It’s no secret AI giants are racing against each other to build data centers across the country. With the AI boom skyrocketing in the 2020s, the U.S. has grown to nearly 5,000 data centers across all 50 states to date, with hyperscalers driving much of that expansion. But with that growth comes tax incentives that seem to scale further than market competition.
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