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Voters backed restrictions on AI data center construction in 40 of 41 local ballot measures, CNBC reports. The results could complicate major technology investments amid concerns about utility costs and environmental impacts.

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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02The artificial intelligence data center boom faced a major setback in Tuesday's midterm elections, according to CNBC.
00:10Voters backed restrictions on data center construction in 40 of 41 local ballot measures across 10 states.
00:17Ohio accounted for 21 measures and elected Democrat Amy Acton as governor.
00:23Acton supports a conditional moratorium on data centers,
00:26requiring developers to cover utility costs and use union labor.
00:31SoftBank and SB Energy are developing an Ohio data center campus with the Department of Energy,
00:36backed by NVIDIA, in a project that could cost more than $500 billion.
00:42Democrats who campaigned on restricting new data center projects won key races in Ohio, Wisconsin, Georgia, and Texas.
00:49A CNBC voter poll found 56% of voters considered data centers a crucial or major factor in their decisions.
00:58The results complicate the tech industry's expansion plans,
01:01as companies spend hundreds of billions of dollars annually on AI infrastructure.
01:06For all things money, visit Benzinga.com.
01:09Thank you very much.

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