Investors and finance
Investors, funds, banks and the firms that rate and finance data centers.
63 statements from 7 speakers in 6 states and provinces, May 2, 2026 to October 1, 2026. Each appears as said, with the date and the source. No verdict is attached.
Quoted most
- Kevin O'Leary 30
- Paul Palandjian 14
- Illinois State Credit Union 2
- Thom Ewen 2
- Mark Cuban 2
- MSCI (ratings agency) 1
- Corner (venture capital firm) 1
Every statement, by speaker
Kevin O'Leary
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Kevin O'Leary and Fox News seek dismissal of defamation lawsuit from Stratos opponents; argue statements about Chinese funding connections were protected speech
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O'Leary told NewsNation that the industry as a whole has screwed up in how it has explained data centers to communities
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Kevin O'Leary acknowledged communication failures surrounding his proposed Stratos data center in Box Elder County, Utah
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O'Leary said 'I have no interest in causing an environmental disaster on my legacy. That's never going to happen.'
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O'Leary said he would produce plans for a one GB facility showing heat profile, light, noise and water use
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O'Leary said the data center industry has not communicated what it does to communities
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O'Leary said he intends to submit permit applications
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O'Leary confirmed 'Am I going to build this data center? The answer is yes.'
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Kevin O'Leary said his company screwed up in communicating the Stratos project
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O'Leary called criticisms of Project Stratos misinformation.
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Kevin O'Leary, investor and Shark Tank star, backs Project Stratos AI data center proposal.
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Kevin O'Leary said work on the Stratos data center project is 'full steam ahead'
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Kevin O'Leary clarified in a June 25 social media post that he has no evidence that Alliance for a Better Utah or Elevate Strategies are funded by China or the Chinese Communist Party
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O'Leary said the project will not be the largest data center in the world
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O'Leary committed to heat capture technology and independent scientific and engineering reviews of environmental impacts, water use, infrastructure demands and long term sustainability
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Kevin O'Leary said he would cut 40,000 acre data center project by roughly half in letter to Utah Senate president on June 4, 2026
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Kevin O'Leary told Senate President J. Stuart Adams the Stratos project will be scaled back by cutting thousands of acres
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O'Leary agreed to dedicate any excess water to the Great Salt Lake
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Kevin O'Leary rejected Adams' demand for 75% reduction, calling it outrageous and comparing it to selling a house and being told to live in the upstairs toilet
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Kevin O'Leary says he is not walking away from Utah data center project
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Kevin O'Leary claimed three Utah individuals opposing the data center project were working against American national security and received financial support from China
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Kevin O'Leary stated that ninety percent of the protesters against the data center project were bused in from out of state
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O'Leary claimed money from Alliance for a Better Utah moved through Arabella Advisors before tracing back to China
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Kevin O'Leary said he would release IRS Form 990 documents supporting allegations that opposition groups have ties to China
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Kevin O'Leary stated that planning and execution of the Stratos Data Center project must be rushed due to intense global competition in AI technology
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Kevin O'Leary claimed China built four hundred gigawatts of new power capacity over twenty four months, with much powering AI data centers
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Kevin O'Leary accused opponents of being proxies for the Chinese government in an interview with Fox News
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Kevin O'Leary claimed the Stratos Project could generate 10,000 construction jobs and 2,000 permanent jobs
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Kevin O'Leary stated the United States is falling behind in AI data centers and must catch up due to national security concerns regarding China
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Kevin O'Leary, developer, stated sustainability is at the heart of proposals regarding air quality, water use, heat and noise pollution
Paul Palandjian
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Paul Palandjian, CEO of O'Leary Digital, stated that public sentiment matters and the Box Elder County project includes elements to address public concerns.
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Paul Palandjian stated that project personnel received threats of violence driven by misinformation.
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Paul Palandjian said 'The project is not on hold,' and that O'Leary Digital is in early design and engineering of the project's infrastructure, gas supply and power generation, with engineering, environmental and economic impact studies underway under guidelines set by the state of Utah and the Military Installation Development Authority.
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Palandjian said Stratos will not be a net negative to the Great Salt Lake
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Palandjian said the data center will cool by recirculating water with little to no ongoing water use
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Paul Palandjian, O'Leary Digital CEO, states Stratos will use no more than 1,800 acre feet of water annually at full scale
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Palandjian said data center would use less water than current users (ranchers and farmers) by tapping into existing water rights
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Paul Palandjian, CEO of O'Leary Digital, said requests for more study of environmental impacts are welcome and reasonable
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Palandjian said every single landowner in the MIDA project zone has signed a letter of support
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Palandjian said they will preserve hunting sanctuaries and have leaseback agreements with ranchers for continued grazing operations
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Palandjian said Kevin O'Leary was an environmental studies major and cares deeply about environmental issues
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Palandjian said the power plant will produce only 5 percent of the carbon emissions of similar plants
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Palandjian said the data center will use a modern closed loop cooling system with water and glycol that will use significantly less water than agriculture on the same plots of land
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Palandjian said O'Leary Digital is working out plans to offer AI literacy courses for area schools and help with undergraduate and graduate programs
Illinois State Credit Union
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Sharetec experienced a service disruption related to a data center cooling failure affecting credit unions nationwide
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Illinois State Credit Union decided 18 months ago to move away from Sharetec to another core processing vendor, starting in January 2027 to reduce risk of disruption
Thom Ewen
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Data center cooling failure disrupted online and mobile banking for several Central Illinois credit unions for three days starting Tuesday, September 16, 2026
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Thom Ewen stated Illinois State Credit Union was without access to nearly all core banking systems from about 11 a.m. Tuesday until 2 a.m. Saturday
Mark Cuban
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Mark Cuban warned that communities need to protect themselves from data center projects with transparency requirements, punitive compliance measures, and facility closure bonds.
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Mark Cuban urged towns to demand enforceable protections from data centers, emphasizing oversight, water, and noise limits before approval
MSCI (ratings agency)
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SpaceX has never published an ESG report and received MSCI's lowest ESG score in June
Corner (venture capital firm)
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Project connected to Corner, a New York based venture capital firm describing itself as a multi billion dollar investment firm backing companies across the AI economy
The group comes from the words the source gives for the speaker: the name, the title and the organization. It is a reading aid, not a fact about anyone; how the groups are read.
Cite this page
Data Center Record, "Statements about data centers: Investors and finance", https://datacenterrecord.org/statements/investors. Data: Data Center Record, datacenterrecord.org, CC BY 4.0.
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For researchers
- Group value
- investors
- Statements
- 63
- Speakers, one key per name
- 7
- Placed by the stored speaker type or no rule
- 0