jain.com

Data center projects in Louisiana and Texas coming online

Company: Hut 8 - Project: River Bend

Subject kind
facility timeline
Statement date
2026-08-15
Promised by
2027-12-31
Current status
stated

The claim, verbatim

Two data center projects in Louisiana and Texas will come online in 2027

Source (primary)

AI compute is 'critical infrastructure' like railroads & steel: Hut 8 CEO - Yahoo Finance (-, news_article)
View cached copy (2026-08-31)Live source ↗

Quote: “we have two coming on next year. Uh in in our project in Louisiana and Texas as well”

How we checked this

Checked on September 19, 2026. The cited source supports every part of this claim.

The CEO says two projects in Louisiana and Texas are coming on next year; with the August 15, 2026 dateline, 'next year' is 2027, supporting all assertions.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://finance.yahoo.com/video/ai-compute-critical-infrastructure-railroads-120000243.html) in full (8,757 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms AI compute is 'critical infrastructure' like railroads & steel: Hut 8 CEO - Yahoo Finance

Quote: “we have two coming on next year. Uh in in our project in Louisiana and Texas as well”

View cached copy (2026-08-31)Live source ↗