TNB Tech Minute: Cracks Appear in Oracle’s New Mexico Data-Center Project
Summary
Oracle faces power permitting hurdles and local resistance for its New Mexico AI data center, having dropped gas turbine plans and removed a key partner. Novo Nordisk pays up to $1.3 billion to license NEXA’s drug delivery tech, aiming to reduce injection frequency for obesity and diabetes treatments. Meanwhile, climate tech venture investors are pivoting from decarbonization to AI infrastructure, with energy and data center investments now comprising over two-thirds of their capital deployed this year.
Topics discussed
Intro and sponsor: Highland CEO on AI
Oracle New Mexico data center power issues
Oracle drops gas turbines, pipeline rejected
Novo Nordisk licenses Nexa drug delivery
Climate VCs shift focus to AI data centers
Investment stats and sustainability debate
Outro and Highland ad read
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