Biden Signs Executive Order to Support AI Data Centers with Federal Power and Land

On Tuesday, President Joe Biden signed an executive order designed to bolster the infrastructure needed for advanced artificial intelligence (AI) data centers. The order, according to the White House, aims to address the growing energy demands of AI by leveraging federal land, particularly from the Departments of Defense and Energy, to host gigawatt-scale AI data centers and new clean power facilities.

Biden emphasized that the initiative would accelerate the development of AI infrastructure in the U.S., promoting economic competitiveness, national security, AI safety, and clean energy. “The next generation of AI infrastructure will be built here in America,” Biden stated, underscoring the importance of aligning the country’s energy and technological sectors.

A key provision of the order mandates that companies using federal land for AI data centers must purchase a portion of American-made semiconductors. The exact number of chips required will be determined on a case-by-case basis for each project. This comes as part of the Biden administration’s broader push to invest over $30 billion in subsidizing U.S. chip production.

Tarun Chhabra, White House technology adviser, pointed out that the increasing demand for computational power to train and operate advanced AI models necessitates the creation of robust infrastructure. By 2028, leading AI developers will require data centers with up to five gigawatts of capacity to support the most sophisticated models.

The executive order also addresses national security concerns by ensuring AI technology remains within the U.S. and allied nations, as the Commerce Department moves forward with additional restrictions on AI chip and technology exports. Chhabra noted that AI systems already present substantial risks, including potential military applications and threats related to biological, chemical, radiological, or nuclear weapons.

The order also instructs agencies to expedite electric grid interconnection, permitting processes, and transmission development surrounding the newly designated federal sites.

Intel to Spin Off Its Venture Capital Arm, Intel Capital

Intel Corp announced on Tuesday that it will separate its venture capital and investment arm, Intel Capital, into an independent entity to streamline operations and improve efficiency across the business. While Intel will remain a key investor, the transition is set to be completed by the second half of 2025, with the new company adopting a different name. The existing Intel Capital team will be integrated into the new entity.

David Zinsner, Intel’s interim co-CEO and CFO, described the move as a “win-win scenario,” emphasizing that it would provide Intel Capital with access to new capital sources for growth while allowing both entities to maintain a long-term strategic partnership.

Founded in 1991, Intel Capital manages over $5 billion in assets and focuses its investments across four major tech areas: silicon, frontier technologies, devices, and cloud computing. The announcement came shortly after identity security startup Orchid Security raised $36 million in an early-stage funding round, with Intel Capital as a lead investor.

 

Google-backed Pixxel Launches India’s First Private Satellite Constellation

Indian space tech startup Pixxel achieved a significant milestone on Tuesday with the successful launch of three of its six hyperspectral imaging satellites aboard a SpaceX rocket. The launch took place at 1915 GMT from the Vandenberg Space Force Base in California, marking a major step forward for India’s burgeoning private space industry and for the five-year-old, Google-backed company.

The satellites will utilize hyperspectral imaging technology, which captures detailed data across hundreds of light bands. This technology is poised to revolutionize various sectors, including agriculture, mining, environmental monitoring, and defense. In India, where agriculture plays a critical role in the economy, Pixxel’s technology can enhance crop yield predictions, monitor environmental changes like oil spills, and provide detailed insights on geographical boundaries and resource tracking.

The remaining three satellites are expected to be launched in the second quarter of the year. In addition to Pixxel’s satellites, the SpaceX rocket also carried a satellite from Indian space company Diganatara.

Pixxel’s founder and CEO, Awais Ahmed, projected that the satellite imagery market could reach $19 billion by 2029, with hyperspectral imaging capturing $500 million to $1 billion of this market. Pixxel has already attracted 65 clients, including major players such as Rio Tinto, British Petroleum, and India’s Ministry of Agriculture, with some clients purchasing data from its demonstration satellites.

Although the U.S. dominates the global satellite launch industry, India holds just a 2% share of the global commercial space market, despite its established space capabilities.