Top 12 Global Announcements in AI Infrastructure, and what they tell you about who signs, who funds, who backs the payments, and what still has to be built
The Texas pause you note lines up with the live large-load picture: DC Hub still shows about 474 GW of ERCOT large-load requests, with roughly 90% attributed to data centers (DC Hub (dchub.cloud), as of Oct 14, 2026; sourced from ERCOT’s mid-2026 disclosures). That backlog is exactly why mid-size, already-powered sites keep their edge while gigawatt campuses work through financing and interconnection on different clocks.
Agreed that powered sites hold the edge. I'd treat the 474 GW number with care, though. Ohio showed what happens when requests start costing real money: most of the queue went away. A big backlog tells you how many people want a spot in line. It doesn't tell you how much will get built.
The Texas pause you note lines up with the live large-load picture: DC Hub still shows about 474 GW of ERCOT large-load requests, with roughly 90% attributed to data centers (DC Hub (dchub.cloud), as of Oct 14, 2026; sourced from ERCOT’s mid-2026 disclosures). That backlog is exactly why mid-size, already-powered sites keep their edge while gigawatt campuses work through financing and interconnection on different clocks.
Agreed that powered sites hold the edge. I'd treat the 474 GW number with care, though. Ohio showed what happens when requests start costing real money: most of the queue went away. A big backlog tells you how many people want a spot in line. It doesn't tell you how much will get built.