Hut 8 signs $9.8 billion lease for AI data center campus in Nueces County

Hut 8 has announced a significant development in Nueces County, Texas, with a $10 billion deal for an artificial intelligence data center campus. The company signed a 15-year, $9.8 billion lease for the facility, which is set to become one of the largest AI facilities in the country. The project will utilize NVIDIA technology to power its advanced systems and incorporate a water-smart cooling design. This development is projected to generate 1,900 construction jobs and approximately 230 permanent jobs in the region. Local residents may have questions regarding the project's potential impact on the water supply and electricity bills, with further information available on the news station's website.