Business

Tech Companies Shift Data Center Locations

Updated 2026-09-10 12:55 UTC 2 sources Negative

Due to rising costs and public backlash, AI companies are moving their data centers overseas. The Iran war and the AI boom have created a crowded market for mineral rights and other energy assets.

Coverage timeline — 2 articles

CNBC

Wealthy investors seek oil and gas assets, but bargains are scarce

The Iran war and the AI boom have created a crowded market for mineral rights and other energy assets.

2026-09-10 12:46 UTC

MarketWatch

Building U.S. data centers is getting so expensive that AI companies are moving overseas

Public backlash, costs of power and cooler climates are among the reasons Big Tech is looking abroad for opportunities to build data centers.

2026-09-10 12:49 UTC