Ex-Google CEO Builds AI Power Plant to Zap Alexa’s Existential Crisis
KEY POINTS
- •Eric Schmidt co-founded Bolt Data and Energy last year to build massive AI data centers in West Texas.
- •Bolt raised $150 million including $50 million from Texas Pacific Land to secure land with power and cooling resources.
- •Google, weighing a 250 megawatt commitment, plans to spend up to $185 billion on AI infrastructure in 2026.
Eric Schmidt, who diplomatically left Google to plot world domination via data centers, co-founded Bolt Data and Energy just last year. Bolt has sweet-talked Google into possibly anchoring their West Texas megawatt-mansion spanning 250 megawatts initially, scaling up to an eye-watering 5 gigawatts—that's enough juice to power the overheated brains behind AI. They've raised $150 million, with Texas Pacific Land Corp dropping $50 million for prime land rich in power and water, because cooling overheated AI feels like an Olympic sport. Meanwhile, Amazon nervously pulls back $150 million on a rival AI campus deal nearby. Google itself is prepping to blow almost $185 billion on AI infrastructure in 2026, because what’s more fun than billion-dollar hardware to feed your robot overlords?
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Nothing screams AI takeover like billion-dollar land grabs in Texas, powered by endless electricity and investor optimism. Meanwhile, old Google execs keep maxing out their energy cards while the planet watches the water bill rise.
If AI needs more power, maybe someone should ask if it’s actually hungry or just addicted to red bull and cloud computing.
Amazon pulls $150 million out of AI fever dreams while Eric Schmidt thinks 5 gigawatts isn’t enough to crash the internet.
Source: Businessinsider | Published: 2/9/2026 | Author: Daniel Geiger
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