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GET THIS IN YOUR INBOX FIRST: Subscribe to CNBC's "Power Insider" newsletter. The demise of data centers has been greatly exaggerated. So says every utility CEO and energy-focused investor we spoke with at the Edison Electric Institute's annual conference in Arizona. Here's why... There is a lot of misleading, misdirected, or straight-up incorrect information floating around about data centers and the AI buildout. I'm not going to dive into the old water-use story — you can do your own research on that — but rather focus this week on what the insiders know: Some newly elected politicians either don't have the power to stop the buildouts or, if they do, the buildout will likely just continue somewhere else.
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