According to @WhiteHouse, Google is investing $40 billion in Texas AI infrastructure. source: @WhiteHouse The announcement states the initiative will create thousands of American jobs, provide training for college students and apprentices, and boost affordable energy statewide. source: @WhiteHouse For traders, the confirmed large-scale AI capex in Texas highlights potential attention on AI infrastructure and Texas energy equities, with narrative-driven volatility tied to data center buildout and power demand. source: @WhiteHouse For crypto markets, the cited improvement in statewide energy affordability can influence costs for energy-intensive computing such as mining, a key operational factor watched by market participants. source: @WhiteHouse