IDA Universal

Q-1 2026

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House passes bill that could fast-track AI infrastructure projects The SPEED Act aims to cut red tape in order to meet soaring energy demand and growing competition in the global AI race, according to the bill's sponsors. e U.S. House of Represen- tatives on ursday passed a bipartisan bill to modernize the National Environmen- tal Policy Act and fast-track federal approval of U.S. infra- structure projects, according to a press release from Rep. Jared Golden (D-Maine), one of the bill's co-sponsors. e Standardizing Permitting and Expediting Economic De- velopment (SPEED) Act seeks to limit the number of federal actions that can trigger NEPA project reviews in an attempt to accelerate the permitting process, according to the bill's summary. e SPEED Act passed the House in a 221-196 vote. "e SPEED Act will help launch America into a future where we can effectively inno- vate and implement to revi- talize our infrastructure, meet skyrocketing energy demands, lead the world in the AI race and work in harmony with our natural environment," Rep. Bruce Westerman (R-Ark.) said in a press release intro- ducing the bill in July. e permitting reform bill's advancement comes as tech giants join the Trump admin- istration in a massive push to expand the country's AI capa- bilities and infrastructure — demand that hinges on enter- prise success with AI projects. President Donald Trump launched the Genesis Mission in November, a coordinated national effort to build an in- tegrated AI platform called the American Science and Security Platform. e U.S. Depart- ment of Energy on ursday announced collaboration agreements with 24 tech companies, in- cluding Google, AWS, Microso, OpenAI and Nvidia to advance the Genesis Mission. e Genesis Mission aims to converge AI and high-performance computing, enabling technology such as AI agents to evaluate experimental outcomes and automate work- flows, David Appel, VP of global government, national security and defense at AWS, wrote in a blog post. AWS in November announced an investment of up to $50 billion in AI infrastructure for gov- ernment agencies. "What we're building provides exactly these capabilities to meet the mission's aggressive 270-day timeline and demon- strates current operating capa- bility," Appel wrote. As tech companies invest aggressively in AI infrastruc- ture, the SPEED Act's next steps might not come too soon as it heads to the Senate for approval. CIO concerns about compute capacity amid rising cloud costs are partly fueling the rush toward infrastructure buildouts. 20 IDA Universal Q1 2026 Trends and Tidbits

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