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States Rolling Back Data Center Tax Breaks for Amazon, Meta, Google
Lawmakers are weighing rollbacks as generative AI pushes incentive costs higher and raises concerns about power demand, water use and lost tax revenue.
US states are starting to pull on the handbrake for the generous tax breaks that have long been used to lure data centres. The AI boom has made subsidies significantly more expensive, while opposition to plants' high electricity and water consumption is growing. The Wall Street Journal reports.