Kristen Gonzalez, a state senator who authored the bill, said moratorium would target ‘hyperscale’ datacenters over 20MW
New York moved closer toward becoming the first US state to enact a moratorium on large datacenters this week. On Thursday, the state legislature approved a one-year ban on the facilities powering the AI boom.
The measure now heads to Kathy Hochul, the governor, who will decide whether to sign it into law. The Guardian spoke to a state senator in the wake of the historic vote about authoring the bill and the wider US backlash against datacenters.
Continue reading...
The New York State legislature passed a one-year moratorium on new large data centers, the first statewide ban of its kind if Democratic Governor Kathy Hochul signs it into law.
Lawmakers behind the bill say it's meant to give policymakers time to understand the impact of large data centers on the environment and energy prices. It directs the state's environmental agency to create an impact report assessing the amount of electricity, water, and land that data centers use, and the pollution they create. It also requires companies planning to build large data centers - defined as having a peak demand of at least 20 megawatts - to hold and fun …
Read the full story at The Verge.
The SpaceX IPO roadshow could redefine market expectations, highlighting the growing influence of private space ventures on global economies.
The post Dimon and Musk launch SpaceX IPO roadshow in New York appeared first on Crypto Briefing.
New global challenge provides university students hands-on experience with IBM Bob, helping them build practical AI skills, portfolio-ready projects and career connections NEW YORK, June 3, 2026 — IBM today […]
The post IBM Launches AI Builders Challenge to Give Students Real-World AI Development Experience appeared first on AIwire.
Some of the information that New York and the European Union’s watchdogs will share includes the issued stablecoin, total volume in circulation and the number of holders.
A sales tax exemption for “Internet data centers” enacted 26 years ago could cost the state millions as a new generation of facilities goes up. A movement is afoot in the state Legislature to kill the law.
The post Fever Pitch As World Cup Heats Up To $8 Billion Spending Spree appeared on BitcoinEthereumNews.com.
Members of the U.S. Men’s National Team gather in New York as the official 2026 FIFA World Cup roster is unveiled. For brands, hotels, airlines and luxury operators, the countdown to the tournament has already become one of the biggest commercial opportunities in modern sport. (Photo by TIMOTHY A. CLARY / AFP via Getty Images) AFP via Getty Images From million-dollar penthouses to neighbourhood scavenger hunts, World Cup 2026 is already changing how consumers travel, spend, dress and experience football. More than 500 million ticket requests have already been submitted for World Cup 2026, despite the tournament still being weeks away. FIFA’s expanded competition will bring together 48 nations, 104 matches and 16 host cities across the United States, Canada and Mexico, creating the largest World Cup in history. Expedia Group and PredictHQ estimate it could generate more than $8.1
The post ‘Extraordinarily Unusual’ for CFTC to Reverse Gemini Settlement Deal: Ex-chair appeared on BitcoinEthereumNews.com.
A former chairman of the US Commodity Futures Trading Commission (CFTC) responded to the agency’s move to vacate a $5 million settlement with cryptocurrency company Gemini. In a Wednesday motion filed in the US District Court for the Southern District of New York, the CFTC joined the Gemini Trust Company in seeking relief from the judgment of a case initially filed in June 2022. The company reached a $5 million settlement with the CFTC in January 2025 while the agency was under former US President Joe Biden. “[T]he CFTC’s action in reversing itself on a settled case is extraordinarily unusual,” Tim Massad, a former CFTC chair and research fellow at Harvard Kennedy School, told Cointelegraph. “The explanation seems to be that the staff got it wrong, not that the law was unclear.” According to the CFTC’s motion, the agency sought relief based on claims that a whist
Ripple CTO Emeritus David Schwartz has criticized a New York lawsuit seeking ownership of billions of dollars worth of dormant Bitcoin wallets, including addresses linked to Satoshi Nakamoto and the Mt. Gox hack. According to court filings shared online, plaintiff…