Microsoft, Alphabet, Amazon and Meta now report $149B in depreciation against roughly $700B in 2026 AI infrastructure capex. Here is what that $285B-a-year gap means for anyone signing a GPU lease or colocation contract.
A January 2026 BIS rule shifted H200 and MI325X license review to case-by-case, added a 25% export duty, and opened a new UAE carve-out — here’s what the new chip export regime means for where buyers can build and which GPUs they can actually get.
Georgia’s data center tax exemptions will cost $2.5 billion in FY2026 — 664% above projections — as Virginia, Ohio, Arizona and Illinois move to freeze or claw back similar breaks.
Data center ABS issuance is on pace to hit roughly $61B in 2026, up from $15.5B in 2025, after an August SEC exemption eased disclosure rules. Here is what the securitization boom means for anyone signing a long-term lease.
PJM wants FERC’s approval to curtail large data centers before other customers during emergencies — and ERCOT modeling shows flexibility could save $5.5B a year at 40 GW of load. Here’s what buyers need to negotiate.
Ohio and Virginia now lock data centers into 85% minimum-take power contracts for 12-14 years, with Virginia requiring $1.5M per MW in collateral — here’s what it means for your next capacity deal.
Data center construction spending hit $98.5 billion in 2026, but a 499,000-worker shortfall in skilled trades — not power or permits — is now the biggest threat to your delivery date.
Brussels’ energy-efficiency reporting mandate has moved from paperwork to enforcement, with Germany fining non-compliant operators up to €100,000 and new PUE targets reshaping colocation deals — here’s what buyers need to ask for.
With $662 billion in hyperscaler data center leases sitting off balance sheet and neocloud debt priced 275-325 basis points wider, buyers now have to underwrite who’s actually behind their contract — not just the power and location.
Digital Realty’s $1.4B backlog, Equinix’s 41% stock surge, and Blackstone’s $1.75B BXDC IPO all point to tighter lease terms for capacity buyers in 2026.