IndustryAxios|April 19, 2026
A high-profile AI data center megaproject associated with the Trump brand has stalled, leading to the departure of its CEO. This setback underscores the challenges in executing ambitious data center developments amid shifting leadership and market conditions.
- Project involves plans for a 500 MW facility in Tennessee focused on AI workloads
- CEO Michael Evans departed after 18 months in the role
- Development halted due to regulatory hurdles and funding shortfalls totaling $2.5 billion
- Partners include tech firms Oracle and Microsoft for infrastructure support
- Original timeline targeted completion by 2025, now delayed indefinitely
- Site spans 1,200 acres with proposed liquid cooling systems







