Eric Schmidt’s Quiet Data Center Empire Is Negotiating a Massive Texas Deal With Google
Eric Schmidt, the former chief executive of Google, has spent the past several years building a sprawling business empire that stretches far beyond the search engine company he once led. Now, one of his most ambitious ventures — a data center development firm — is in advanced negotiations with his former employer for a deal in Texas that could be worth billions of dollars, according to people familiar with the matter. The arrangement underscores how the explosive demand for artificial intelligence infrastructure has created extraordinary opportunities for well-connected players who can move quickly to secure land, power, and construction capacity. It also raises fresh questions about the tangled web of relationships between Big Tech and the entrepreneurs who orbit its gravitational pull. Schmidt’s Data Center Firm Eyes a Landmark Agreement With Google According to a report by Business Insider , Schmidt’s data center company is negotiating a significant deal with Google th...