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AI Giants' Land Grab: Secret Deals, Shell Companies
Description
Data center builders, often AI giants, are secretly acquiring vast tracts of land, using shell companies and nondisclosure agreements to conceal their identities. This trend is driven by cheap power, water, and internet lines in rural areas, not major cities. Land options and middlemen are used to secure properties before public notice. Critics argue these centers consume excessive resources, driving up prices once their involvement is revealed. States are proposing bans or limits on NDAs, but federally, rules have become more lenient. The practice continues, leaving communities uncertain about whos shaping their land for the AI boom.
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