Hut 8 promises to invest $16 million to expand its water supply system to support the development of AI data centers BlockBeats News: On May 19th, Hut 8 announced today that it has reached an agreement with the Diocese of West Feliciana, Louisiana, to invest approximately $16 million to expand the local water supply system to complement the development of its River Bend artificial intelligence data center park. The investment includes the construction of a new water well, an approximately 8-mile (13 kilometer) water supply main pipeline, and other system upgrade projects. The relevant infrastructure will be transferred to the diocese free of charge after completion, and is expected to be completed in the second half of 2026 without any cost to taxpayers. Hut 8 stated that this initiative is part of its energy infrastructure platform strategy, aimed at integrating power, digital infrastructure, and computing capabilities to support the next generation of high-energy consumption computing needs, such as AI data centers. [Original link]