Construction of the first data center Abilene, Texas site is ongoing. Emily Chang visited the site over a month ago and got video footage [1]. So it's not nothing. Will they actually invest 500 billion in the end? I dunno; I guess we'll see. The main challenges seem to be the availability of electrical power and skilled workers, not demand, investment or ambition.
Go to flyover States to see the impact of that money.
I don’t think Illinois has actually awarded any of that funding to providers to build anything yet. It looks like the original schedule was to start awarding grants this summer after planning process from 2021-2025.
I see some of the things funded by the IIJA every day of my life.
And that's not including the projects which are still being worked on getting approved including projects to replace sewage lines in my area, reworking stormwater drainage systems, and additional flood control projects, all of which are planned to be funded through the IIJA and all of which I think my city could really use. 60% of the IIJA funding hasn't been spent yet.
Obviously $500B is a lot of money, but it's not actually an unbelievable amount of money.
That was a project by Oracle to build some data centres, many of which had already broke ground and were under construction, and they pulled OpenAI and Softbank in to give it that AI veneer.
So it's stuff that is really happening, and was already happening. Similarly this TI plant was announced under the prior administration as a win of the chips act, and again it's being recycled to current.
This sort of shell game works for a while, but a couple of years the bill comes due.
He wants credit for everything while doing nothing.
https://www.reuters.com/technology/artificial-intelligence/t...
Much like that “initiative”, I imagine this won’t materialize either, they’re largely hoping government funds get steered toward them and by which point they’ll pocket everything they can while delivering a minimum of what was promised, if anything at all, and they won’t be properly held accountable for it.