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Mountain West · SLG Market Intelligence

Wyoming

Cheap, abundant power plus the nation's friendliest digital-asset law are turning Wyoming into a magnet for hyperscale AI data centers — even as the state runs IT on one of the leanest budgets in the country.

Last updated Aug 5, 2026
~$9.98B2027-28 Biennial BudgetETS (under A&I)Central IT OrgProject Tembo 2.7GW (ex-Project Jade; Google revealed as owner)Flagship AI ProjectFRNT liveDigital-Asset Law

Executive Summary

$9.98B16
2027-28 Biennial Budget (enacted)
Signed Mar 2026; ~$3.4B general fund
2.7GW18
Project Tembo (ex-Project Jade)
Cheyenne; Google revealed as owner Jul 2026
3,200 ac4
Microsoft Cheyenne expansion
Announced Apr 2026; multiyear
45+6
Blockchain/digital-asset laws
Enacted since 2016; FRNT stable token now live

Wyoming is a small-budget state with an outsized AI-infrastructure story. It is the fourth-largest net energy producer in the U.S. and uses a fraction of what it generates, so Governor Gordon's 'Winning the AI Race' push is converting cheap, surplus power into a hyperscale data-center boom around Cheyenne — Meta's $800M+ campus, Microsoft's existing site plus a planned 3,200-acre expansion, and the Tallgrass/Black Hills 'Project Tembo' campus (formerly Project Jade; Google revealed in July 2026 as the customer behind it) at 2.7GW, designed to scale toward 10GW. The state also leads the nation on digital-asset law (45+ blockchain bills since 2016, SPDI banks, DAO LLCs, and the now-live Frontier Stable Token, FRNT). For Dell, the state's own IT spend is modest and runs through Enterprise Technology Services (ETS) under A&I via NASPO ValuePoint and statewide contracts — but the data-center buildout, the University of Wyoming, and the NCAR-Wyoming Supercomputing Center are where the real AI-infrastructure and HPC opportunity sits. ETS's 2026-2028 plan is centered on governance and cybersecurity hardening rather than big new programs, so security and modernization remain the central-government angles.

Where Dell can play
  • AI-infrastructure / 'AI factory' demand riding the Cheyenne data-center boom (Crusoe Project Jade, Meta, Microsoft) — PowerEdge, networking, services, and ecosystem pull-through.
  • University of Wyoming and the NCAR-Wyoming Supercomputing Center (NWSC) as established HPC/research-computing buyers with GPU refresh cycles.
  • Cybersecurity and risk-management modernization — the explicit top theme of the ETS 2026-2028 strategic plan for a lean central IT org.
  • Endpoint, client, and lifecycle refresh across executive-branch agencies on a tight biennial budget where value and consolidation matter.

Dell Action Plan

  • Lead with AI-infrastructure: tie Dell ISG / AI Factory offerings to the Cheyenne data-center boom (Google's Project Tembo, Meta, Microsoft, Related Digital/CoreWeave) and pursue ecosystem and supply pull-through around those campuses.
  • Engage the University of Wyoming and NWSC as HPC/research-computing accounts on GPU and infrastructure refresh — but qualify NWSC's NSF transition status first.
  • Position cybersecurity, consolidation, and lifecycle modernization to ETS that map directly to its 2026-2028 governance and risk-management themes for a lean central IT org.
  • Validate Dell's NASPO ValuePoint and A&I statewide-contract coverage so executive-branch agencies can buy without a custom solicitation.
  • Use the 'digital sovereignty on Wyoming power' narrative (Gordon's AI-race agenda, the FRNT stable token) to frame sovereign/private AI infrastructure for state and partner workloads.

Budget & Fiscal

Wyoming budgets on a two-year (biennial) cycle, with the main budget set in even-year general (budget) sessions. The 2026 budget session enacted the 2027-28 biennial budget — $9.98B total funds (~$3.4B general fund) — which Gov. Gordon signed in early March 2026 with roughly two dozen line-item vetoes (four later overridden by the Legislature); it lands about $53M below his original November 2025 request and is now the current, in-force budget (FY2027 began July 1, 2026), superseding the prior 2025-26 biennium (~$10.9B all-funds). There is no single consolidated 'state IT budget'; technology spend is distributed across agencies, and Enterprise Technology Services (ETS) sets rate structures that agencies use to build their IT ('400-series') budgets each biennium. Wyoming pursues digital transformation on a fraction of the budget larger states have — a structural reason value, consolidation, and shared services resonate. The 2025 supplemental budget did not pass, leaving some agencies strained heading into this 2027-28 cycle.

$9.98B16
2027-28 all-funds (enacted)
Signed Mar 2026, w/ line-item vetoes
~$3.4B16
2027-28 general fund
Two-year total, enacted
~$10.9B5
2025-26 all-funds (prior biennium)
Enacted Mar 2024; closed June 30, 2026
Technology & security funding this biennium
2027-28 all-funds budget (enacted)
Biennial total; signed Mar 2026
$9.98B
2027-28 general fund
Subset of all-funds
~$3.4B
2025-26 all-funds (prior biennium)
Closed June 30, 2026
~$10.9B
  • Figures are biennial (two-year) totals; Wyoming has no single line-item 'state IT budget.'
  • ETS funds much of its delivery through an internal-service rate model that agencies pay into — confirm where a given workload's dollars actually sit before forecasting.
  • The 2027-28 budget is now the enacted, current biennium — $53M below Gordon's original Nov. 2025 recommendation; the Legislature restored 3/4 of his proposed $40M for the University of Wyoming immediately, with $10M more available in 2027 contingent on $5M of UW cost savings.

Initiatives & Policy

Cheyenne AI Data-Center Boom18

Accelerating

Cheap, surplus power is drawing hyperscale AI capacity to the Cheyenne area: Meta's $800M+ campus, Microsoft's existing datacenters plus a planned 3,200-acre expansion (announced April 2026), the Related Digital/CoreWeave $1.2B campus (up to 420MW; phase one due late 2026), and the 2.7GW 'Project Tembo' campus (formerly 'Project Jade'; designed toward 10GW). Update (July 2026): Crusoe exited construction, and planning filings revealed Google — via subsidiary Jupiter Star Holdings, LLC — as the customer behind the project, now renamed Project Tembo. Tallgrass Energy and Black Hills Energy continue as power partners on the 716-acre Switchgrass Industrial Park site; a permit hearing is set for Aug. 13, 2026, with completion targeted by 2031. Part of Gordon's 'Winning the AI Race' agenda — the strongest tailwind for Dell AI-infrastructure and ISG demand.

Dell fit90
Budget strength85
AI InfrastructureData CentersEconomic Dev

Winning the AI Race (Gordon agenda)8

Active

Governor Gordon is positioning Wyoming to convert exported energy into in-state value via AI infrastructure, courting Google, Microsoft, Meta and AWS (a closed-door Jackson summit in March 2026) while insisting developers 'do it the Wyoming way' on power, water, and community impact. The framing — digital sovereignty built on Wyoming power — aligns well with sovereign/private AI infrastructure positioning.

Dell fit75
Budget strength60
AIEnergyPolicy

Wyoming Stable Token (FRNT) & Digital-Asset Leadership6

Live

Wyoming has enacted 45+ digital-asset laws since 2016 (SPDI banks, DAO LLCs) and publicly launched the Frontier Stable Token (FRNT, branded WYST during development) in Jan 2026 — the first fiat-backed, fully-reserved stable token issued by a U.S. public entity, with the commission chaired by Governor Gordon. The brand makes Wyoming a national destination for blockchain/fintech compute and signals an innovation-forward government — relevant context more than a direct hardware play, but it reinforces the digital-sovereignty narrative.

Dell fit45
Budget strength40
BlockchainDigital AssetsPolicy

NCAR-Wyoming Supercomputing Center (NWSC)19

Operating

The NWSC in Cheyenne — an NCAR / University of Wyoming collaboration — runs the GPU-accelerated 'Derecho' system (19.87 petaflops, 382 NVIDIA A100 GPUs) for climate, wildfire, and space-weather research. An established HPC buyer with a refresh cadence. Note risk: NSF moved in Feb 2026 to transition NWSC operations (proposing a transfer toward the University of Wyoming); UCAR sued in March 2026, and on June 1, 2026 a federal judge in Denver granted a preliminary injunction blocking the transfer, finding NSF's divestment decision 'arbitrary, capricious, an abuse of discretion' — status quo (UCAR-managed) holds while the underlying case proceeds. Qualify governance and funding before forecasting.

Dell fit70
Budget strength55
HPCResearch ComputingGPU

ETS Cybersecurity & Governance Modernization1

In progress

The ETS 2026-2028 strategic plan centers on IT governance maturation, foundational service improvement, financial stewardship, and 'enhancing cybersecurity and risk management' (asset hygiene, identity/access, incident response) rather than large new programs. For a lean central IT org, the opening is security, consolidation, and lifecycle modernization that map to these themes.

Dell fit65
Budget strength45
CybersecurityGovernanceModernization

Procurement & Competition

Wyoming's central IT organization is Enterprise Technology Services (ETS), with statewide purchasing run through the A&I (Administration & Information) General Services / Procurement Section. State agencies commonly buy IT off NASPO ValuePoint cooperative contracts (which satisfy Wyoming's competitive-bid statute) and A&I 'all-agency' statewide contracts. ETS also runs its own IT network-bid process for circuits/bandwidth. There is no single DIR-style co-op; the motion is leaner and contract-driven.

Vehicle / gateWhat it means for Dell
NASPO ValuePointPrimary cooperative path. Wyoming participating addenda (e.g., cloud solutions, IT software/hardware) satisfy competitive-bid requirements — confirm Dell/reseller coverage and current pricing.
A&I Statewide / All-Agency ContractsPre-competed statewide contracts agencies can buy from without running their own solicitation; managed by A&I General Services Purchasing.
ETS IT Network BidsETS-run competitive process for new/upgraded network circuits and bandwidth across the state.
Key buying entityRole
Enterprise Technology Services (ETS)Central executive-branch IT: governance, foundational services, cybersecurity, and the agency rate model — owns statewide tech direction.
A&I General Services — PurchasingStatewide procurement authority; runs solicitations and all-agency contracts.
University of Wyoming / NWSCIndependent research-computing and HPC buyer (Derecho); GPU and infrastructure refresh.
Hyperscale data-center operators (Crusoe, Meta, Microsoft)Private buyers driving the Cheyenne AI buildout — ecosystem and infrastructure pull-through.
Competitive landscape

Wyoming is a lean, contract-driven market: most large IT buys flow through NASPO ValuePoint and A&I statewide contracts where incumbents already hold coverage. With a tight central budget, differentiation comes from value, consolidation, security alignment, and — above all — AI-infrastructure and HPC capability tied to the data-center boom, the university, and NWSC rather than chasing small agency price deals.

Power Structure

Decision-makerWhy they matter
Mark Gordon8
Governor · State of Wyoming
Drives the 'Winning the AI Race' data-center agenda and chairs the Wyoming Stable Token Commission.
Jeff Clines3
State CIO & ETS Director · Enterprise Technology Services (A&I)
Appointed Aug 2024 (from South Dakota); focused on modernization, efficiency, and trust for a lean central IT org. Still in role as of June 2026.
Miguel Penaranda13
Chief Information Security Officer (CISO) · Enterprise Technology Services (A&I)
In role since Feb 2025 (previously South Dakota CISO); reports to the CIO. Primary contact for the state's cybersecurity/risk-management theme.
Anthony Apollo6
Executive Director · Wyoming Stable Token Commission
Leads FRNT (Frontier Stable Token), the first U.S. publicly-issued stable token — face of the state's digital-asset program.
Wyoming Legislature — Joint Appropriations Committee5
Appropriations & fiscal · State of Wyoming
Sets the biennial budget and ETS rate authority; the 2025 supplemental did not pass, tightening agency budgets.

News & Signals

Jul 8 2026
Data CentersAI
Google revealed as owner of Wyoming's largest data center — renamed Project Tembo18
Planning filings show Google (via subsidiary Jupiter Star Holdings, LLC) as the customer behind the 2.7GW campus formerly known as Project Jade. Crusoe has exited construction; Tallgrass Energy and Black Hills Energy remain as power partners on the 716-acre Switchgrass site. Permit hearing set for Aug. 13, 2026; completion targeted 2031. Resolves months of 'undisclosed customer' ambiguity — a named hyperscaler anchor for the state's flagship AI campus.
Jun 1 2026
HPCRisk
Federal judge blocks NSF's NCAR-Wyoming Supercomputing Center transfer19
UCAR's March 2026 lawsuit succeeds: Judge R. Brooke Jackson enjoins NSF's plan to hand NWSC stewardship to the University of Wyoming, calling the process 'arbitrary, capricious, an abuse of discretion.' Status quo (UCAR-managed) holds while the underlying case proceeds — HPC refresh path remains uncertain.
Jun 2026
AIPolicyData Centers
Gov. Gordon signs 'Data Centers the Wyoming Way' executive order11
Statewide framework requiring large-load data-center developers to pay all incremental power/grid costs (shielding residential ratepayers) and minimize water use; agencies given 60 days for policy/legislative recommendations. Sets the rules of the road for the AI buildout — favorable but adds a compliance layer for hyperscale sites.
Jun 2026
Data CentersAI
Related Digital's $1.2B Cheyenne campus (420MW for CoreWeave) nears phase-one completion14
A distinct hyperscale AI campus for CoreWeave; phase one due late 2026. Deepens the Cheyenne AI-infrastructure ecosystem and pull-through beyond Meta/Microsoft/Tembo.
Apr 2026
Data CentersAI
Microsoft announces intent to expand Cheyenne datacenters (~3,200 acres)4
Signals a multiyear hyperscale buildout and deepening AI-infrastructure ecosystem around Cheyenne.
Mar 2 2026
Budget
Legislature enacts $9.98B 2027-28 biennial budget16
House (59-1) and Senate (28-3) pass the budget; Gordon signs with ~2 dozen line-item vetoes (4 later overridden). $53M below his original request; now the current, in-force budget (FY2027 began July 1, 2026), superseding the 2025-26 biennium referenced elsewhere on this page as of mid-2026.
Nov 2025
Budget
Gov. Gordon proposes ~$11.13B 2027-28 budget10
Sets the next biennial spending frame ($3.35B GF/BRA, ~$3.74B ongoing GF revenue; LSRA rainy day ~$1.38B per NASBO); investment income keeps the state cautious but solvent. Enacted at $9.98B in March 2026, about $53M below this recommendation.