I think you're missing the point. The utilities are regulated. There are laws in place controlling them and they are a known quantity.
This is more like someone came in a built a good-sized power plant in your neighborhood without regard to environmental concerns. You wouldn't stand for it, at all. 420MW is absolutely no joke. As the article says you can power a city with that kind of power.
This is the kind of stupidity that AI is causing. The "winner" of this AI "war" that we're seeing, if there is one, gets the prize. Musk, famously, wants an AI that's "non-woke", Alibaba wants one that's answers are "properly socialist." Are you following? An AI is going to reflect the politics and views of it's creator so the winner gets to control the narrative. These huge companies and individuals like Musk believe that AI will become a standard way to get information and they want to be the one that provides the answers that slant towards their views. To them, that's worth literally anything.