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Google commits $17B to Wyoming data center, pledges to cover 100% power costs amid AI data center backlash

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06 Nov 2026, 21:26 WIB
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Google commits $17B to Wyoming data center, pledges to cover 100% power costs amid AI data center backlash

Google announced a $17 billion investment in a Wyoming data center, pledging to pay for all its power usage to address environmental concerns around AI data centers. The facility will use natural gas power sources with carbon capture technology, but emissions will still occur. The project includes a 20-year power contract with American Electric Power, ensuring steady revenue for AEP. Despite the pledge, market reaction was muted with shares of Alphabet, Bloom Energy, and AEP falling, reflecting ongoing political and market uncertainties. The project aims to be completed by 2031 and could set a precedent for future AI data center developments.

Alphabet shares are trading at USD 285.76, up 1.13% as of Nov 07, 2026 02:41 WIB on Pluang. Bloom Energy is also seeing gains, with its price at USD 173.61 and a 3.64% increase. American Electric Power's stock is nearly flat, priced at USD 126.94 with a 0.13% rise, while most Pluang users are selling AEP shares at this time.

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