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Fortune
Fortune
Tatiana Sataua

‘New York will lead the way’: NYS Gov. Hochul’s data center moratorium includes a new model for funding AI infrastructure

NYS Gov. Kathy Hochul standing at a podium (Credit: Adam Gray/Bloomberg via Getty Images)

New York became the first state to enact a statewide moratorium on hyperscale data centers, halting any new development until July 2027, giving state regulators a year to create new standards regarding environmental impacts and energy demands, and marking one of the biggest political pushbacks against the AI infrastructure boom yet.

“New York will lead the way in creating the strongest standards in the nation for data center development, ensuring that when companies succeed because of New York, New Yorkers succeed too,” said Gov. Kathy Hochul in a statement.

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