Quantum Leap

We’ve talked about state investments in quantum computing and U.S. based quantum computing manufacturing. So, let’s talk quantum start ups.

To transition from AI to quantum, meet “physical AI lab NestAI, and Qutwo, an AI startup aimed at helping companies prepare for the era of quantum computing.”

Tech Crunch | Before quantum computing arrives, this startup wants enterprises already running on it

Making good neighbors out of data centers

Welcome to carrot and stick data centers incentives. Pennsylvania will offer incentives for data centers if the project meets certain standards.

“The governor has said he wants to prevent developers from negatively affecting energy prices and water supplies, make sure they don’t pollute the environment, and urge them to hire locally and be transparent with the communities where they’re building.”

Spotlight PA | Shapiro wants to incentivize data centers to be better neighbors. Will that work?

Florida’s changing data center legislation

It seems like days ago when we talked about Gov. DeSantis calling for the state to hold strong against data centers. House amendments to Senate Bill 484 now permit non disclosure agreements between governmental entities and data center developments. Developments would not need to be disclosed to near by residents. It’s one to watch.

Tampa Bay Times | Florida lawmakers weaken proposed data center regulations

State protecting digital private keys

Rhode Island is considering  H7957, that prohibits courts and government agencies from forcing someone to hand over a private key tied to these digital properties. Digital keys are used with crypto. Legislators want to protect the private keys like private property that requires due process.

Rhode Island Current | Lawmakers consider bill that would keep private keys private in Rhode Island

Competing data center regulations

The Colorado Legislature is considering 2 competing data center regulation bills.  House Bill 1030 is a bill backed by data centers that would incentivize compliancee with state regulations in exchange for tax breaks.

In contrast, Senate Bill 102 is backed by local community groups and contains no incentives, instead imposing regulations including complying with local water rules, renewable energy sources, backup generator requirements, and local impact assessments.

Daily Camera | Colorado lawmakers duel over data centers: Grant millions in tax breaks or regulate them without incentives?

Data center personal consumption expenditures inflation

Yesterday the Dallas Federal Reserve announced that “Even a modest data center boom could substantially raise retail electricity prices and hence annual inflation. For example, under plausible assumptions about the data center build-out and utilization, annual PCE inflation in 2030 would increase by between 0.04 and 0.13 percentage points. Slower-than-expected growth of renewable energy sources—wind and solar—could nearly double the inflationary effect.”

Bitcoin contagion

Bitcoin value has a lot in common with my pug puppy who has really big feelings that change every minute.  A recent paper from the Dallas Federal Reserve tracks bitcoin sentiments. 

Specifically, the Dallas Fed used a social-sentiment contagion methodology to track “influences both individual trading decisions and overall market dynamics.” This novel measure of “contagion intensity significantly forecasts Bitcoin volatility, trading volume and market crashes.”

Data centers = race to the bottom?

A panel discussion at the National Association of Counties’ Legislative Conference discussed data centers, calling data centers the race to the bottom for local communities. 

Why? They say tech companies have not been good partners because tech companies fight against transparency and accountability. Is this the government affairs version of ‘Mean Girls

Route Fifty | Localities bemoan apparent ‘race to the bottom’ on data centers