menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Databases

>

Stargate d...
source image

Insider

2M

read

344

img
dot

Image Credit: Insider

Stargate developer Crusoe could spend $3.5 billion on a Texas data center. Most of it will be tax-free.

  • Data center developer Crusoe could receive an 85% property tax break on their Texas data center campus.
  • The tax abatement agreement requires Crusoe to spend a minimum of $2.4 billion from a targeted investment of $3.5 billion.
  • The first Stargate data center, part of a joint venture between OpenAI, Oracle, and SoftBank, is located in Abilene, Texas.
  • The abatement also requires Crusoe to create 357 full-time jobs with minimum salaries of $57,600.

Read Full Article

like

20 Likes

For uninterrupted reading, download the app