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Tuesday, June 23, 2026
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Voters are turning against AI data centers — and lawmakers are listening
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<div>
For years, U.S. states competed aggressively to attract
data centers, offering tax breaks and streamlined permitting in exchange for jobs and economic growth. That bargain is now fraying as residents and legislators begin connecting the dots between surging electricity bills and the massive power demands of AI infrastructure.
</div>
<div>
<br/>
</div>
<div>
Electricity near major data center hubs costs as much as 267% more than it did five years ago, and data centers alone consume 4% to 5% of all U.S. electricity. In Virginia, where about 14% of the world's data centers operate, the electricity share
already exceeds 25%.
</div>
<div>
<br/>
</div>
<div>
Residents have noticed, and legislators have followed. More than 150 pieces of energy-related legislation have moved through state capitols in 2026. New York passed a one-year construction moratorium on large new facilities in June, and Virginia has adopted 15 data center bills this year, including a requirement that large energy users fund their own grid upgrades. At least 11 other states have moratorium bills in play.
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<br/>
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<div>
The Trump administration is pushing in the opposite
direction, backing faster permitting and a voluntary Ratepayer Protection Pledge from developers, but 27 states are now pursuing enforceable cost-sharing rules. With the Electric Power Research Institute projecting data centers could draw as much as 17% of all U.S. electricity by 2030, the industry's bet that political pressure will ease before the rules tighten is looking like a long shot.
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One Shark Missed Billions… Another Saw This Coming
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Imagine turning down Uber at a valuation of $10 million, only to watch it go public at over $80 billion.
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<span style="font-size:15px;color:#000000;background-color:rgba(0,0,0,0)">
That’s exactly what happened to Mark Cuban… a 799,900%
return, gone.
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<br/>
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<span style="font-size:15px;color:#000000;background-color:rgba(0,0,0,0)">
But original Shark Tank investor Kevin Harrington built his career doing the opposite: spotting asymmetric opportunities before they go mainstream.
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<span style="font-size:15px;color:#000000;background-color:rgba(0,0,0,0)">
Like Uber turned vehicles into income-generating assets, Mode Mobile is
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<strong style="font-size:15px;color:var(=-blue-cta-default);background-color:rgba(0,0,0,0)">
<a data-linktext="turning smartphones into income streams." data-linktype="Normal" style="color:var(=-blue-cta-default)" target="_blank">
turning smartphones into income streams.
</a>
</strong>
</div>
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<br/>
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<span style="font-size:15px;color:#000000;background-color:rgba(0,0,0,0)">
They were named the #1
</span>
<a data-linktext="fastest-growing software company" data-linktype="Normal" style="color:var(=-blue-cta-default);font-size:15px;background-color:rgba(0,0,0,0)" target="_blank">
fastest-growing software company
</a>
<span style="color:#000000;font-size:15px;background-color:rgba(0,0,0,0)">
by Deloitte and have already helped their users earn and save over
$1B.
</span>
</div>
<div>
<br/>
</div>
<div>
<span style="font-size:15px;color:#000000;background-color:rgba(0,0,0,0)">
Kevin Harrington invested early.
</span>
</div>
<div>
<br/>
</div>
<div>
<span style="font-size:15px;color:#000000;background-color:rgba(0,0,0,0)">
And at just $0.52/share, you can still get in before their potential IPO.
</span>
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Early investors can earn up to 20% bonus shares.
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<!--[if mso]><a href="https://www.ne16.com/t/10902242/222404108/9812046/3/1009235/?x=f1436a90" target="_blank" style="-webkit-border-radius: 6px;
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<span style="color:#6C6B6B">
Potential Uber return for Marc Cuban does not take into account dilution.
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<br/>
</div>
<div style="font-size: 10px">
<span style="color:#6C6B6B">
The Deloitte rankings are based on submitted applications and public company database research, with winners selected based on their fiscal-year
revenue growth percentage over a three-year period in 2023.
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<br/>
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<span style="color:#6C6B6B">
Please read the offering circular at invest.modemobile.com. This is a paid advertisement for Mode Mobile’s Regulation A Offering.
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Today's Poll
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Who
should cover AI data centers' electricity costs?
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Residents. It's shared infrastructure
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infrastructure</a><![endif]-->
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Big Tech. They're the ones profiting
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<!--<![endif]-->
<!--[if mso]><a href="https://www.ne16.com/t/10902242/222404108/10037286/1/1009235/?abb9e380=NGYzZmQyODYtMmZhOS00YzdjLWFkYzktMzQyOGNhZmI3ZDBl&f5d63f87=REIlMjAwNi0yMw&x=23433297" target="_blank" style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; color: #FFFFFF; text-decoration: none; font-family: Arial; font-size: 16px; border: none; display: block; ">Big
Tech. They're the ones profiting</a><![endif]-->
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The government. Subsidies work best
</a>
<!--<![endif]-->
<!--[if mso]><a href="https://www.ne16.com/t/10902242/222404108/10037287/1/1009235/?abb9e380=NGYzZmQyODYtMmZhOS00YzdjLWFkYzktMzQyOGNhZmI3ZDBl&f5d63f87=REIlMjAwNi0yMw&x=8066f306" target="_blank" style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; color: #FFFFFF; text-decoration: none; font-family: Arial; font-size: 16px; border: none; display: block; ">The
government. Subsidies work best</a><![endif]-->
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Here's what you need to know
</span>
</h1>
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<a aria-label="Yuichi Yamazaki / Getty Images" style="color:#105C8E" target="_blank" title="Yuichi Yamazaki / Getty Images">
<img alt="Yuichi Yamazaki / Getty Images" class="img100" data-linktype="Normal" data-target="_blank" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Fqz.com%252Fcdn-cgi%252Fimage%252Fwidth%253D640%252Cheight%253D360%252Cfit%253Dcover%252Cquality%253D85%252Cformat%253Dauto%252Fhttps%253A%252F%252Fassets.qz.com%252Fmedia%252FGettyImages-2269811698.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZxei5jb20lMkZjZCIsInRpbWUiOjE3ODIyMDkyODguOTEzNzEwNn0:1wby36:aEFW2yQJgtjjIkyAOrNWwjE8IA3shq5fSaZ96P4eYos" style="width:200px;max-height:338px;vertical-align:middle;border:0" width="200"/>
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<div>
<strong style="color: var(--blue-cta-default)">
<a data-linktext="The U.S. gives Iran 60 days to sell oil as part of their peace deal." data-linktype="Normal" style="color:#105C8E" target="_blank">
The U.S. gives Iran 60 days to sell oil as part of their peace deal.
</a>
</strong>
The Trump administration issued a license authorizing the sale of Iranian crude through Aug. 21. Iran agreed to allow unobstructed passage
through the Strait of Hormuz, and welcomed weapons inspectors back into the country.
</div>
</td>
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<a aria-label="Matthias Balk / Picture Alliance via Getty Images" style="color:#105C8E" target="_blank" title="Matthias Balk / Picture
Alliance via Getty Images">
<img alt="Matthias Balk / Picture Alliance via Getty Images" class="img100" data-linktype="Normal" data-target="_blank" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Fqz.com%252Fcdn-cgi%252Fimage%252Fwidth%253D640%252Cheight%253D360%252Cfit%253Dcover%252Cquality%253D85%252Cformat%253Dauto%252Fhttps%253A%252F%252Fassets.qz.com%252Fmedia%252FGettyImages-2223598507.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZxei5jb20lMkZjZCIsInRpbWUiOjE3ODIyMDkyODguOTEzODE1N30:1wby36:U302Ow57X9p4OVMRd3NxUnl7RDsM23t1BiG7WHCWovM" style="width:200px;max-height:338px;vertical-align:middle;border:0" width="200"/>
</a>
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<div>
<strong style="color: var(--blue-cta-default)">
<a data-linktext="Google loses another top AI researcher to a rival company." data-linktype="Normal" style="color:#105C8E" target="_blank">
Google loses another top AI researcher to a rival company.
</a>
</strong>
John Jumper, a 2024 Nobel Prize winner who built his reputation on AlphaFold, announced that he's joining Anthropic days after Noam Shazeer left for OpenAI. Analysts warn that Google is losing the race for frontier AI talent.
</div>
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<a aria-label="SOPA Images / Getty Images" style="color:#105C8E" target="_blank" title="SOPA Images / Getty Images">
<img alt="SOPA Images / Getty Images" class="img100" data-linktype="Normal" data-target="_blank" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Fqz.com%252Fcdn-cgi%252Fimage%252Fwidth%253D640%252Cheight%253D360%252Cfit%253Dcover%252Cquality%253D85%252Cformat%253Dauto%252Fhttps%253A%252F%252Fassets.qz.com%252Fmedia%252FGettyImages-2274857955.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZxei5jb20lMkZjZCIsInRpbWUiOjE3ODIyMDkyODguOTEzOTE2OH0:1wby36:8SKZpTmDLoeEXWfZoFK5J0fETHoFFJPPCfmMCdv0MGY" style="width:200px;max-height:338px;vertical-align:middle;border:0" width="200"/>
</a>
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<div>
<strong style="color: var(--blue-cta-default)">
<a data-linktext="Meta hires an Indian fintech founder to run WhatsApp worldwide." data-linktype="Normal" style="color:#105C8E" target="_blank">
Meta hires an Indian fintech founder to run WhatsApp worldwide.
</a>
</strong>
Kunal Shah, founder of Cred, will replace platform head Will Cathcart under a deal that also gives Meta a $900 million stake in Shah's startup. His priorities include ads and AI agents
for WhatsApp's 3 billion monthly users.
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<a aria-label="Mario Tama / Getty Images" style="color:#105C8E" target="_blank" title="Mario Tama / Getty Images">
<img alt="Mario Tama / Getty Images" class="img100" data-linktype="Normal" data-target="_blank" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Fqz.com%252Fcdn-cgi%252Fimage%252Fwidth%253D640%252Cheight%253D360%252Cfit%253Dcover%252Cquality%253D85%252Cformat%253Dauto%252Fhttps%253A%252F%252Fassets.qz.com%252Fmedia%252FGettyImages-2269562504.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZxei5jb20lMkZjZCIsInRpbWUiOjE3ODIyMDkyODguOTE0MDE3Mn0:1wby36:Xx1VGbf6-Citxf2sVNucwDergZCRdzRXPW-MCaQgz6w" style="width:200px;max-height:338px;vertical-align:middle;border:0" width="200"/>
</a>
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<div>
<strong style="color: var(--blue-cta-default)">
<a data-linktext="SpaceX is selling bonds to fund its AI push after its record stock debut." data-linktype="Normal" style="color:#105C8E" target="_blank">
SpaceX is selling bonds to fund its AI push after its record stock debut.
</a>
</strong>
The company is offering at least $20 billion in senior notes to repay a bridge loan and fund the data centers that supply computing capacity to Google and Anthropic. SpaceX's IPO raised nearly $86 billion at $135 a share.
</div>
</td>
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<a aria-label="Smith Collection / Gado via Getty Images" style="color:#105C8E" target="_blank" title="Smith Collection / Gado via Getty Images">
<img alt="Smith Collection / Gado via Getty Images" class="img100" data-linktype="Normal" data-target="_blank" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Fqz.com%252Fcdn-cgi%252Fimage%252Fwidth%253D640%252Cheight%253D360%252Cfit%253Dcover%252Cquality%253D85%252Cformat%253Dauto%252Fhttps%253A%252F%252Fassets.qz.com%252Fmedia%252FGettyImages-1062219904.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZxei5jb20lMkZjZCIsInRpbWUiOjE3ODIyMDkyODguOTE0MTE2NH0:1wby36:DDvkMhdYB5M4wwXVTcmkiPQFSazah9xPoBfvphhDc_E" style="width:200px;max-height:338px;vertical-align:middle;border:0" width="200"/>
</a>
</td>
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<div>
<strong style="color: var(--blue-cta-default)">
<a data-linktext="OpenAI and Getty Images are bringing licensed photos to ChatGPT." data-linktype="Normal" style="color:#105C8E" target="_blank">
OpenAI and Getty Images are bringing licensed photos to ChatGPT.
</a>
</strong>
The multi-year agreement puts Getty's library inside the chatbot's search and discovery features. Getty shares more
than doubled after the announcement. Getty had resisted AI deals and sued Stability AI over copyright.
</div>
</td>
</tr>
<tr style="background-color:#EFEFEF">
<td class="td100" colspan="6" height="24" style="background-color:#EFEFEF;width:100%;height:24px;font-size:1px;vertical-align:top;font-family:Arial,Helvetica,sans-serif">
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<td class="td100" colspan="6" height="24" style="width:100%;height:24px;font-size:1px;vertical-align:top;font-family:Arial,Helvetica,sans-serif">
<!--[if mso]><img src="//editor.ne16.com/spacer.gif" style="mso-hide:all;border:0;"><![endif]-->
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<td class="editor-cell-text td100" colspan="6" style="padding:10px;width:100%;vertical-align:top;font-family:Arial,Helvetica,sans-serif;font-size:15px">
<h1 style="mso-line-height-rule:exactly;Margin:0;font-family:Arial;font-size:24px;font-weight:bold">
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Recommended
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<table border="0" cellpadding="0" cellspacing="0" class="dragndrop" height="100%" style="table-layout:fixed" width="100%">
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<td class="mobilehide editor-cell-text td100" colspan="6" style="background-color:#E9F2F9;padding:20px;font-size:14px;line-height:1.5;width:100%;vertical-align:top;font-family:Arial,Helvetica,sans-serif;mso-line-height-rule:exactly">
<h2 style="mso-line-height-rule:exactly;Margin:0;font-family:Arial;font-size:20px;font-weight:bold">
Entrepreneurial Inspiration and its free
</h2>
<div>
<br/>
</div>
<div>
Stories, insights and what's working right now from Adam Wagner - an investor and advisor to Grüns, owner of Raindrop (the agency behind Dr. Squatch) and operator of
VitaWild.
</div>
<div>
<br/>
</div>
<div>
<strong style="color: var(--blue-cta-default)">
<a data-linktext="Subscribe To Adam Wagner's Newsletter" data-linktype="Normal" style="color:#105C8E" target="_blank">
Subscribe To Adam Wagner's Newsletter
</a>
</strong>
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Disney is fighting two Federal Communications Commission proceedings at once
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Starting Monday, ABC began airing ads asking viewers to file public comments with the agency before a pair of summer deadlines, mobilizing its own audience against a government process that could reshape what the network is allowed to put on air.
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The more visible proceeding involves "The View." FCC Chairman Brendan Carr opened an investigation over a 2024
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Carr has also ordered a license review for eight ABC-owned stations in cities
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Spoil your pet this summer
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Your pet gives you their whole heart, now give them the summer of a lifetime! The Nibbles Credit Card makes it easier than ever to give them the best.
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Earn 3x rewards on everything they need: pet stores for extra treats, pet services for boarding and grooming, and even vet visits. Plus, the Nibbles card comes with pet insurance included! Combine this all with no annual fee, it’s the ultimate way to pamper and protect your pet.
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Nibbles is not a bank. The Nibbles Card is issued by Lead Bank. Other fees and T&Cs apply. Rewards & pet insurance offered by
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3 days, 3 hours ago - hi@e.qz.com
Plus: ABC's on-air campaign to save its licenses. View as a Web page Tuesday, June 23, 2026Mari...