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AI News from ET - Virginia has a data centre boon; officials debate whether it's time to scrap its tax breaks

Vishwadeep Khatri
in AI News & Two Lenses

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Virginia senators have voted to end a significant tax break for data centres.. This move requires the tech industry to pay a minimum sales tax again. The proposal faces opposition, with some warning it could halt data center construction. This debate mirrors national concerns about AI's impact and rising electricity costs.

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