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Growing political backlash builds as data centre investment spreads, raising AI bubble warning signs

Business and politics are moving in different directions over data centres, Axios reported. The data centre business is booming, with both listed and unlisted company shares rising and related energy and equipment firms benefiting. Political reaction is turning more negative across party lines, with New York halting large new projects for a period and other states adding regulatory hurdles. Investors expect the backlash to fade, but tensions could spread nationally.