TNB Tech Minute: New York State to Enact Yearlong Big Data Center Ban
Summary
WSJ’s Pierre Bien-Aimé reports that New York Governor Kathy Hochul is imposing a one-year moratorium on large data center construction to regulate the AI boom. IBM shares plummeted over 20% after a profit warning cited slow adaptation to shifting AI spending. Meanwhile, Frontier Airlines will partner with Starlink to provide in-flight Wi-Fi early next year, joining other major carriers adopting SpaceX’s technology.
Topics discussed
TNB Tech Minute introduction
NY Governor bans new data center construction
IBM profit warning and stock drop
Frontier Airlines partners with Starlink
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