Jordan Pointe neighborhood on edge as plans to allow data center clears initial hurdle

**Proposal for Data Center in Apex Raises Concerns Among Jordan Pointe Neighbors**

APEX, N.C. (WTVD) — A proposal to bring a data center to Apex has some Jordan Pointe neighbors on edge. On Thursday night, the town’s Environmental Advisory Board (EAB) greenlit a rezoning recommendation proposal for the plan, sparking concerns among local residents.

Michelle Hoffner O’Connor, a resident of the Jordan Pointe neighborhood, attended the EAB meeting and expressed her surprise. “The whole thing was a surprise last night,” she said.

The proposal, submitted by Natelli Investments, would develop a data center on a 190-acre parcel of land near Old US Highway 1. During Thursday’s hearing, the EAB raised several critiques regarding the developer’s plans.

“There is wildlife that is valued by the community, also. So you might want to take a look at that,” said one EAB board member, highlighting the importance of environmental considerations.

The primary criticism from board members centered around noise concerns from the proposed data center site. Neighbors share these worries, with many voicing their apprehension about additional noise, environmental pollution, and possible strains on the power grid.

Yvonne Brubacher, another Jordan Pointe resident, expressed broader community concerns. “We don’t need a data center here, we need services. We don’t have a grocery store; we don’t have a gas station. We don’t have so much as a fast-food restaurant,” she said. “We’re already strained and they want to put additional strain on it.”

ABC11 News reached out to the Town of Apex for a response to the neighbors’ concerns. While a spokesperson did not directly address the community’s issues, they noted that a public hearing might not be held until at least March.

The town spokesperson also explained that the EAB’s role is to make zoning condition recommendations to the applicant and that they do not make recommendations on the rezoning itself.

Natelli Investments released the following statement regarding the project:

“Natelli Investments, an experienced third-generation, family-owned business, is excited for the proposed New Hill Digital Campus that will be located on 190 acres designated for industrial projects in southwestern Wake County. The secure facility will support cloud computing, AI operations, and other digital infrastructure for the region, and it aligns with the community’s long-term growth vision and brings more than $1 billion in economic activity. We are committed to open communication and community engagement and look forward to conversations and dialogue as the process moves forward.”

Neighbors say their goal is for decisions to be made responsibly, with meaningful input from residents likely to be impacted.

“Here we want responsible growth,” said Hoffner O’Connor. “Of course, we don’t want this here at all, but if it’s going to end up here, it has to be in a much more responsible manner than they’re going about it right now.”

Residents plan to continue voicing their concerns to town leaders, including at the next town council meeting scheduled for October 28.

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https://abc11.com/post/data-center-clears-initial-hurdle-apex-jordan-pointe-neighbors-edge-beg-responsible-growth/18028019/

YouTube’s Justine Ryst on Cinema Classics: ‘On YouTube, Films Don’t Disappear, They Live Again’

YouTube Celebrates 20 Years as a Cultural Platform for Heritage Film

LYON, France — Speaking at the International Classic Film Market (MIFC) in Lyon during YouTube’s 20th anniversary celebrations, Justine Ryst, head of YouTube’s France & Southern Europe branch, made a bold declaration: “YouTube is ‘the platform’ for heritage film, a place where culture endures, bridging generations of audiences.”

Addressing an audience of industry professionals from across Europe at the world’s largest market dedicated to classic film, Ryst emphasized YouTube’s vital role as an ally in preserving cinema history. While her remarks focused on the French market, their relevance extends well beyond France’s borders.

“In the U.S.,” Ryst reminded the crowd, “YouTube has become the most-watched video provider on television, outpacing traditional TV and other platforms.” She described YouTube as a unique space where contemporary viewing habits and classic cinema intersect, offering a kind of afterlife for film and television history by introducing these works to new online audiences.

“On YouTube,” she explained, “films and programs don’t disappear; they live again through clips, restorations, recommendations, and new forms of engagement.” According to Ryst, this ongoing dialogue between generations of viewers is central to YouTube’s role in cultural preservation.

She highlighted how young audiences discover films their parents once loved—often through a thumbnail image, a remix, or a short clip that draws them back to the original work. Ryst also praised the growing community of creators who produce curated film shows, breathing new life into heritage cinema for digital-native viewers.

Ryst was keen to clarify a common misconception: “YouTube is not a channel but a platform.” It does not produce or editorialize content but provides the infrastructure governed by algorithms and community guidelines. “YouTube is regulated by strict rules, and we take our responsibility seriously,” she emphasized, while adding that the platform’s defining feature remains personalization.

“Show me your YouTube and I’ll tell you who you are,” she joked, to laughter from the audience.

Highlighting success stories in France, Ryst pointed to the Institut National de l’Audiovisuel (INA), the country’s vast audiovisual archive. INA has uploaded thousands of hours of content—from classic television programs to historic interviews—across some 50 thematic channels.

“INA has developed a masterclass in multi-format strategy,” Ryst noted. “You can create short vertical clips, as well as longer videos of 10, 20, or even 90 minutes. They produce podcasts and live streams, with thousands of excerpts on every subject, uploaded rapidly to match current social topics. It’s a case study in bringing images from 50 years ago back to light.”

The second example she praised was Arte, the Franco-German cultural channel, known for its “strategy of omnipresence” across linear TV, its website, and more than 30 thematic YouTube channels. This strategy enables Arte to reach diverse audiences interested in arthouse cinema, pop culture, science, and more.

“These examples show that it’s not about competing with the platform, but using it to amplify reach,” Ryst explained.

Looking ahead, Ryst discussed the growing role of artificial intelligence within YouTube’s ecosystem, especially in areas like dubbing and translation. These AI tools have the potential to make French and European works more accessible, helping them cross language barriers and reach international audiences.

“These tools can be incredibly powerful for rights holders to take their work as far as possible,” she said. “It’s especially valuable when rights holders build direct communities on YouTube — what I call a live asset. When you approach distributors or represent other films, you can demonstrate that your YouTube community represents thousands, even millions of subscribers, and that you have millions of hours of content in your asset. That’s credibility.”

Ryst’s insights align with YouTube’s global strategy, which was also highlighted at this week’s Mipcom event. There, the platform’s significant presence underscored its pivotal role in the creator economy and TV industry. Industry leaders discussed how YouTube bridges traditional media and digital content, fostering new business models and collaborations with major studios.

In closing, Ryst reflected on YouTube’s longevity as both a technology company and cultural platform. “We’ve been around for 20 years,” she said, “and we hope to be around for at least another 20.”

https://variety.com/2025/film/global/justine-ryst-cinema-classics-youtube-films-dont-disappear-1236555356/

OpenAI Now Worth $500 Billion

OpenAI Could Now Be the World’s Most Valuable Startup, Surpassing SpaceX and ByteDance

OpenAI has potentially become the world’s most valuable startup, outpacing Elon Musk’s SpaceX and TikTok’s parent company ByteDance, following a secondary stock sale aimed at retaining employees at the ChatGPT maker.

Current and former OpenAI employees sold $6.6 billion in shares to a group of investors, pushing the privately held artificial intelligence company’s valuation to $500 billion, according to a source familiar with the deal who was not authorized to speak publicly.

### Investors and Valuation

The investors purchasing the shares included Thrive Capital, Dragoneer Investment Group, T. Rowe Price, Japanese tech giant SoftBank, and the United Arab Emirates’ MGX, the source revealed on Thursday. This valuation reflects high expectations for the future of AI technology and continues OpenAI’s remarkable trajectory from its beginnings as a nonprofit research lab in 2015.

### Profitability and Market Concerns

However, with the San Francisco-based company not yet turning a profit, concerns about an AI bubble may intensify. Skeptics worry that if the generative AI products from OpenAI and its competitors fail to meet investor expectations, the billions poured into research and development could be at risk.

OpenAI CEO Sam Altman has recently sought to ease such concerns. During a tour last week of a massive data center complex being built in Abilene, Texas, to run the company’s AI systems, Altman said:

> “Between the ten years we’ve already been operating and the many decades ahead of us, there will be booms and busts. People will overinvest and lose money, and underinvest and lose a lot of revenue.”

He added, “We’ll make some dumb capital allocations and see short-term ups and downs, but over the arc that we have to plan over, we are confident that this technology will drive a new wave of unprecedented economic growth, along with scientific breakthroughs, improvements to quality of life, and new ways to express creativity.”

### New Business Ventures

Just this week, OpenAI launched two new business ventures: a partnership with Etsy and Shopify to enable online shopping through ChatGPT and a social media app called Sora for generating and sharing AI videos.

### Competition and Compensation Challenges

The stock sale marks a first for OpenAI, which has struggled to offer investors and staff the same perks and compensation as other companies. In particular, Facebook parent Meta Platforms has been aggressively hiring top AI engineers and, in June, made a $14.3 billion investment in AI company Scale, which recruited its CEO Alexandr Wang.

### Corporate Structure and Regulatory Scrutiny

OpenAI’s for-profit subsidiary, currently valued at $500 billion, is technically controlled by the board of OpenAI’s nonprofit, with both entities still bound to pursue the nonprofit’s charitable purpose.

The company’s partnerships with major corporations and plans to alter its corporate structure have attracted scrutiny from regulators, including the attorneys general of California and Delaware, who oversee charities operating or incorporated in their states.

### Recent Partnerships and Strategic Moves

In recent weeks, OpenAI has made significant deals with Oracle and SoftBank for a data center venture called Stargate, as well as with chipmaker Nvidia, which supplies the specialized AI chips necessary for these data centers.

At the same time, OpenAI has reduced its reliance on longtime backer Microsoft. In September, the company announced it had reached a tentative agreement with Microsoft regarding the future stake of its nonprofit in its for-profit corporation, though few details were shared.

### Grants to Support AI Understanding and Economic Opportunity

OpenAI also opened applications for nonprofits to apply for $50 million in funding, an initiative launched following recommendations from an advisory board. The grants aim to support projects that increase public understanding of AI, promote the design of AI based on community needs, and boost economic opportunity.

The deadline to apply for these grants closes on October 8.

OpenAI’s rapid growth and ambitious plans highlight the company’s potential to reshape the AI industry and broader economy, even as questions about profitability and market sustainability remain.
https://www.deccanchronicle.com/technology/openai-now-worth-500-billion-possibly-making-it-the-worlds-most-valuable-startup-1907655