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Deep & Emerging Tech·September 9, 2026·1 min read

A $1bn Spanish data centre deal, with no customer and no address

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A $1B hyperscale campus with an unnamed US cloud buyer and undisclosed site shows how sensitive AI buildout has become around power, land, and politics. If you depend on large-scale compute, start treating location, permitting, and water as part of your vendor diligence, not hidden variables.

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Massive leak at Bitcoin data center sees millions of gallons of water wasted — with schools, offices and businesses all closed

A 3.8 million gallon leak at a Bitcoin mining site that shut schools for two days is a blunt reminder—data and compute centers are now critical water infrastructure, not just power loads. If you site or depend on large-scale compute, you need water risk and municipal coordination in the same risk register as grid capacity and permitting.