CoreWeave CEO asks Texas governor-elect to let permitted data centers finish
CoreWeave CEO Michael Intrator wrote to Texas Governor-elect Gina Hinojosa, who won on a pledge to pause new data center development, offering to work with her transition team on completing already-permitted projects and setting clear standards for future ones. The Nov. 7 letter names six active CoreWeave sites in Austin, Denton, Dickens County, Plano, Richardson and Round Rock, and says the company funds its own substations and grid upgrades and uses closed-loop liquid cooling. CoreWeave shares hit record lows last week amid the post-election data center backlash.
Source: Barron's
