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Birmingham’s AI Factory Deal | Huntsville News
Birmingham is handing a foreign AI company, Nebius, a $30 million tax break over 30 years—65% off property taxes and 80% off sales taxes—to build an “AI Factory,” promising $87 million for schools and 78 jobs. But critics say this mirrors Alabama’s long history as an “extraction zone,” where outsiders drain resources while locals suffer underfunded schools and low wages. Economists argue such deals don’t attract companies but drain public coffers. Meanwhile, Europe would block such deals under strict rules, yet Birmingham—already struggling with low income—offers billions for minimal local…
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