Meta President Dina Powell McCormick says building new US data centers will be harder after midterm results, but it will be easier to expand existing projects
THE SO WHAT
If new US data centers get harder to permit while expansions get easier, the power map tilts toward incumbents with existing campuses. Any AI-heavy roadmap should now include a review of where your cloud and colocation partners already have entitled land and grid access—not just where you’d like capacity to be.
READ THE SOURCE
MORE FROM THE WIRE
Tech & InnovationCloudflare Boosts Annual Profit View as AI Spurs Network Demand
AI traffic is now a P&L event for network intermediaries, not just a capacity headache. If your product depends on low-latency inference, expect vendors like Cloudflare to have more pricing power and more leverage to bundle security, edge compute, and observability into the contract.
Tech & Innovation'One Windows Tablet. Three Modes': This 611g ingenious modular x86 device lets you swap between a keyboard, cooling stand, and tablet without migrating files
Modular x86 like Khadas's Mind Go pushes more compute to the edge without forcing users to juggle devices or OS images. For IT and product teams, assume more users will expect desktop-class AI and dev workloads on portable hardware that docks into different roles during the day.
Tech & InnovationBofA Rejigs Global Credit Trading Businesses To Boost Liquidity
Bank of America is consolidating global credit macro, ETF, and high-grade trading into one platform to squeeze more liquidity and cross-product flow. For corporates and funds, expect tighter spreads and more structured products that blur the lines between cash bonds and ETFs.
Tech & InnovationAirbnb Posts 19% Revenue Jump as Chesky Hails ‘Growth Mode’
A 19% revenue jump and repeated guidance raises show that travel demand and alternative lodging still have room to run. If you’re in adjacent categories—local experiences, insurance, property services—assume Airbnb will keep expanding its surface area and treat them as both channel and competitor.