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Vulcan’s AI Pivot Amid Grid Freeze | Real Estate News
A former crypto mining giant, now rebranded as Vulcan Infrastructure and Power, is betting big on AI by seeking to expand its power capacity to build a massive data center campus — but timing is everything. With a $40 million raise and a strategic pivot toward AI’s booming demand, the company faces a major hurdle: New York Governor Hochul has frozen permits for large-scale data centers over 50 megawatts — though Vulcan hasn’t yet submitted an official application. Critics argue this isn’t a real transformation, pointing to past environmental controversies, pollution in Seneca Lake, and…
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