On Wednesday, President Donald Trump, hedge fund billionaire Bill Ackman and entrepreneur Anthony Pompliano criticized New York's decision to temporarily halt approvals for new large-scale data centers.

Trump, Hochul Clash Over Data Center Moratorium Gov.

Kathy Hochul (D-NY) on Tuesday signed an executive order placing a pause of up to one year on the construction of new data centers requiring 50 megawatts or more of power.

The decision makes New York the first state to impose such a statewide moratorium on large AI-focused facilities.

Trump responded on Truth Social, calling the policy a "terrible decision" that would drive investment, tax revenue and jobs to states that welcome data center development.