Search results for Greg Abbott
AI & Enterprise
U.S. AI data centre backlash spreads; Huang says chance to cut energy costs
Nvidia CEO Jensen Huang (젠슨 황) said criticism that AI data centres burden power grids could instead create momentum for power infrastructure investment and lower energy costs. He said the industry must work more closely with communities and better explain the need and benefits of hosting facilities. Concerns persist that expansion could raise electricity bills, though MIT researchers said shifting usage to off-peak hours could reduce costs in several regions.
Crypto
Texas pauses approvals for new grid-connected data centres; existing bitcoin miners relieved
Texas has paused the approval process for new data centres seeking to connect to the power grid, but the move is expected to have limited impact on existing electricity contracts held by bitcoin miners operating in the state. Bernstein said many major miners already have contracts based on approved power capacity. The pause follows an order by Governor Greg Abbott for audits of all such applications. Future data centre pipelines may face greater disruption and rising local opposition.
Crypto
Texas lieutenant governor orders review of crypto and prediction markets for next session
Texas Lieutenant Governor Dan Patrick, who also serves as Senate president, directed Senate committees to study and review prediction markets and cryptocurrency and blockchain issues as priorities for the next legislative session. His office issued 2026 interim charges, including examining prediction markets as potential loopholes in gambling rules and assessing coordination with federal regulations for crypto, including crypto kiosks. Texas’ next regular session is set for January 2027.