Rob Black, Secretary-designate of Economic Development, and LFC analyst Julissa Rodriguez addressed the House Appropriations and Finance Committee with regards to potential data center investments in New Mexico. Black’s presentation outlined the economic benefits that such investment could bring to the state, especially rural communities. Major tech firms Meta Inc. and Stargate, a coalition of companies including OpenAI, Oracle, SoftBank, and MGX, have announced plans to invest heavily in artificial intelligence infrastructure. Black received several inquiries about establishing data centers in New Mexico, which he believes could be an economic boon for the state.

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