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House passes bill to ease permits for building out AI infrastructure [CNBC]
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US:NASDAQ Investor Relations: investors.micron.com
The bill is supported by Big Tech giants like OpenAI, Micron and Microsoft. The Senate is in the early stages of its own permitting talks. Sanjay Mehrotra, CEO of Micron Technology Inc., speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 26, 2024. Brendan Mcdermid | Reuters The House of Representatives on Thursday passed a bill aimed at making it easier to get federal permits to build infrastructure for artificial intelligence projects. The bill, known as the SPEED Act, is backed Big Tech giants such as OpenAI Micron and Microsoft The bipartisan bill cleared the House in a 221-196 vote, overcoming a conservative rebellion that nearly sank the legislation in a procedural vote earlier this week. The bill now heads to the Senate, where it is likely to be part of a larger conversation around permitting reform. The SPEED Act's proponents argue it is critical to help the U.S. outpace China and other global c
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