Wall Street is Pairing Up with the Army to Build Data Centers

The Army data center buildout comes as the Pentagon increases its use of AI in military operations.

Image: Buffalo Soldier Gate at Fort Bliss in Texas, where a new data center is set to be built on March 25, 2026.SGT Michael West

 

Derek Seidman of Truthout reports: “Two trends, seemingly separate, have been accelerating over the past few years. First, Wall Street has been plowing billions of dollars into financing data centers. Second, the U.S. military has been ramping up its use of artificial intelligence (AI).

Now, these two trends are directly merging. In late March 2026, the U.S. Army announced its selection of companies to build and operate two hyperscaled data centers on two different military installations. Both data centers — one at Fort Bliss, Texas, the other at Dugway Proving Ground, Utah — will be backed by some of the world’s top Wall Street firms…”

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