The Business Nearby

Data Centers

2 articles

Monterey Park City Hall with a 'No Data Centers' banner, symbolizing the community's vote against new data center construction.
Market Trends

Monterey Park voters permanently ban new data centers

Monterey Park, California, implemented a permanent ban on data centers within its limits, following an 86.

Eleni Kassian·June 9, 2026
Massive AI data centers with glowing servers dwarfed by a sprawling renewable energy farm, symbolizing the conflict between AI's power needs and clean energy.
Market Trends

Clean energy struggles to meet AI's future power demands

Capital expenditure by the five largest technology companies in AI data centers is anticipated to rise a further 75% this year, pushing total investment past $700 billion.

Simone Ito·May 21, 2026