The AI boom has increased the upfront capital needs of data center developers, but many investors are still wary of funding a project before it has a tenant.

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"I don't want anybody thinking that there's one or two people who are making an overnight decision on this. That is not the case," said Missy Kendrick, president and CEO of Choose Columbus.

January saw renewed construction, permitting, and power-linked site activity as Microsoft, Amazon, Crusoe, and TeraWulf ...