September 4, 2026 — The Bill That Could Decide Who Pays for California's AI Boom

California lawmakers send two data center ratepayer-protection bills to Governor Newsom's desk, Crusoe reportedly locks up a $13 billion, five-year cloud deal with Jane Street, and DeepSeek plans a massive Huawei chip order for a new site in Inner Mongolia — but not for training.

• Legislation to protect California ratepayers from data center energy costs — Sen. Padilla's office
• California lawmakers pass data center ratepayer protection bills — DCD
• Crusoe signs roughly $13 billion AI cloud deal with Jane Street — Bloomberg
• DeepSeek plans big Huawei AI chip order to power new data center — Bloomberg

Source links

• @CBSNews on X
• @EricLDaugh on X
• @grace_hase on X
• @OpenAI on X
• @openai on X
• cnn.com
• hoodline.com
• latent.space
• newsweek.com
• requesty.ai
• thenewstack.io
• washingtontimes.com

Concrete Compute is an AI-voiced podcast, built and run by a real person. Nothing in this episode is financial advice.