The rapid expansion of AI and cryptocurrency industries is significantly increasing energy demand, leading to a surge in the construction of data centers. From Singapore to China, AI's growing appetite for electricity and water is becoming insatiable as models grow larger. In the US, tech companies are seeking massive data center sites with enough electricity to power entire cities. Companies like Meta, Amazon, and Google, known as 'hyperscalers,' are planning or developing enough data centers to double their existing capacity. Texas, in particular, is experiencing a heightened need for power to support AI and bitcoin mining, with the state's power grid requiring more energy than initially expected. Lt. Gov. Dan Patrick has criticized crypto-miners and AI data centers for their potential strain on Texas' power grid. NextEra Energy has been approached to accommodate 5 GW of demand, enough to power the city of Miami. Eric R. Wade noted that the 'energy supercycle' will intensify competition for resources. Texas is considering using bitcoin miners for grid stability.
#Cloud and #AI companies are hunting for electricity to power their #datacenters o Jump in estimates for future US energy needs o John Ketchum, CEO @nexteraenergy has been approached to accommodate 5 GW of demand — enough to power the city of Miami https://t.co/cqM9iIz3Gr
Lt. Gov. Dan Patrick criticizes crypto-miners, AI data centers for potential strain on Texas power grid https://t.co/5n2yv7Y0xE
Texas wants to use bitcoin miners for grid stability as power demand soars via @hardeyjumoh https://t.co/e9IQh1WAIU
Texas' power grid needs more power than initially expected to handle AI and bitcoin mining, @thesamreynolds reports https://t.co/4i4BMzeor6
"The so-called 'hyperscalers,' #technology companies like #Meta, #Amazon, and #Google with massive computing needs, have enough estimated data centers planned or under development to double their existing capacity" https://t.co/0eWTkxcl2R #ethics #AI #environment #sustainability
Tech companies desperate to build massive data centers in the US are asking NextEra Energy to find them sites with enough electricity to power entire cities https://t.co/PYJrWzE8i6
"Today's AI and cryptocurrency booms are consuming more power than ever... And it's only set to ramp up in the future. When the "energy supercycle" begins, companies will have to compete for resources much more aggressively," says @EricRWade ➡️ https://t.co/k0c8zI4ao0 https://t.co/oThrnrHudS
AI's looming climate cost: Energy demand surges amid data center race From Singapore to China, AI's appetite for electricity and water grows insatiable as models get larger https://t.co/aiGdbDZzSI via @NikkeiAsia