Looks like Wonder Valley Utah is getting a leg up on its Alberta twin.

[jemphatically@mstdn.ca]

Looks like Wonder Valley Utah is getting a leg up on its Alberta twin.

The tax incentives they're offering are pretty incredible.

‘Hyperscale’ data center project in Utah — expected to generate and consume more power than entire state — nears final approval

Led by "Shark Tank" investor Kevin O'Leary, a massive data center project is near final approval in Utah — including tax deals aimed at helping it “lure the hyperscalers” like Amazon, Microsoft and Google to the state.

The Salt Lake Tribune (www.sltrib.com)

#WondervalleyAlberta #aidatacentres #ableg #Cdnpoli #water #emissions

[lorimolson@mstdn.ca]

@JEmphatically oh good. So we can watch it fail miserably before ours gets going

[mcrocker@thecanadian.social]

@lorimolson @JEmphatically
HA! Beat me to it, @lorimolson

[jemphatically@mstdn.ca]

@McRocker @lorimolson With O'Leary's record, I'm not sure it is possible for even one of these two projects to proceed, let alone both! But it is revealing to watch the approach in Utah. It's all about the tax breaks and incentives. And the job numbers are hugely inflated.

[lorimolson@mstdn.ca]

@JEmphatically @McRocker
Pretty much everything that is AI and AI adjacent is all about inflated claims associated with questionable money sources.

It’s just like watching the subprime mortgage fiasco all over again, only this time Canada doesn’t have a regulatory framework protecting us. It’s so maddening to watch this play out.