Pennsylvania sets stricter standards for AI data center projects

Pennsylvania Gov. Josh Shapiro has unveiled standards for large data center projects seeking state support. Duane Morris Government Strategies said the GRID Standards set conditions for incentives, fast permits, and tax benefits. The rules come as residents question power demand,…...
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Amazon secures $17.5B Citibank loan as AI spending plans grow

Amazon has secured a $17.5 billion delayed draw term loan facility from Citibank and other banks. The company disclosed the senior unsecured agreement in a June 10 filing with the Securities and Exchange Commission. The financing gives Amazon extra borrowing…...
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