Jacobs is across the ‘ENTIRETY of the ecosystem,’ says CEO
News Clip6:33Fox Business Clips·Corpus Christi, Nueces County, TX·5/11/2026
Jacobs CEO Bob Pragada discussed the company's rapidly growing role in the data center sector, driven by AI demand, emphasizing their expertise in facility design, power, and water infrastructure. Jacobs announced its participation in building a new data center near Corpus Christi, Texas, for Hut 8. Pragada asserted that demand for data centers is not a bubble, but is consistently outpacing supply.
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Jacobs chair and CEO Bob Pragada discussed the company's significant and expanding role in the data center sector during an interview on Fox Business's 'The Claman Countdown'. He highlighted that Jacobs' data center business has seen over 100% year-over-year growth, largely due to the increasing demand for AI infrastructure. Pragada emphasized Jacobs' unique position across the 'entirety of the ecosystem,' designing facilities and managing critical power and water requirements.
The CEO detailed Jacobs' deep domain expertise in public utilities, which provides a significant advantage in handling the high electricity and water demands of modern data centers. He mentioned a partnership with NVIDIA, where Jacobs was selected as the developer for a digital twin project to simulate power and utility loads for new NVIDIA chips and client designs. Pragada also announced that Jacobs is part of a team constructing a new "power-first" data center near Corpus Christi, Texas, for Hut 8. He countered concerns about a potential "bubble" in the data center market, stating that the industry is merely catching up to, and often still trailing, consistently rising demand.