AI Data Centers in the Crosshairs: Stifel CIO Weighs In on the Political and Investment Landscape
Michael O’Keefe, Chief Investment Officer at Stifel, discusses why AI data centers have become a bipartisan political flashpoint over local grid capacity, electricity costs, and water supplies.
Despite local pushback and infrastructure rollout pacing concerns, O’Keefe remains optimistic about long-term AI investments, noting that solutions like closed-loop cooling and dedicated power facilities mitigate these practical hurdles.
