Colorado company eyes Glencoe expansion after nixing plans for AI data center in southern Minnesota

Colorado company eyes Glencoe expansion after nixing plans for AI data center in southern Minnesota

A Colorado-based company say it’s committing to efforts to build an AI data center in Glencoe, Minn., after a flirtation over the winter with the small town of Mountain Lake.

Revolve Labs, which operates a crypto-mining facility in Glencoe, discussed a deal with the city of Mountain Lake last fall for an AI data center.

The deal would have provided Mountain Lake with $250,000 in utilities revenue for an AI data center to be purchased near the town’s electrical substation, according to

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https://www.startribune.com/company-wont-build-ai-data-center-in-rural-town-eyes-glencoe-expansion/601246170