Generative AI power demand is projected to rise significantly, from less than 14 TWh in 2023 to more than 212 TWh by 2027, according to Morgan Stanley. This increase represents a 15-fold rise in power consumption over four years. Morgan Stanley also notes that if GPU utilization rates are high, averaging around 90%, generative AI power demand could surpass 2022’s data center power usage by 2027. Additionally, the GPU as a service market is forecast to grow more than 12 times, from $2.3 billion in 2022 to nearly $29 billion by 2030, driven by rising demand for GPUs and generative AI. AI technologies like ChatGPT are significantly contributing to this surge in energy consumption, with Gartner estimating that AI could account for up to 3.5% of global electricity demand by 2030.
Is AI's Demand for Energy Really 'Insatiable'? https://t.co/qfRVSy7wyX
➡️ Unraveling the truth: Is AI's energy demand truly 'insatiable'? https://t.co/NDxAZYSTSd
#ChatGPT consumes 25 times more energy than Google AI technology like #ChatGPT requires exponentially more energy with each new step in its development. Gartner calculated that at this rate, #AI will account for up to 3.5% of global electricity demand by 2030
The GPU as a service market is forecast to rise more than 12x by the end of the decade, from $2.3B in 2022 to nearly $29B by 2030 on rising demand for GPUs and generative AI. $NVDA $AMD $MSFT $GOOG $AMZN https://t.co/J2UoEG3De9
Generative AI power demand is forecast to rise 15x from less than 14 TWh in 2023 to more than 212 TWh by 2027. Interesting to think where did that 15x come from? $NVDA - Morgan Stanley, @Beth_Kindig https://t.co/UtUHbWyTO0
Morgan Stanley also projects generative AI power demand may exceed 2022’s data center power usage by 2027 if GPU utilization rates are high, at ~90% on average. $NVDA $AMD $AVGO $SMCI $GOOG $MSFT $AMZN https://t.co/DhJETMjdsX
Generative AI power demand is forecast to rise exponentially, from less than 14 TWh in 2023 to more than 212 TWh by 2027, according to Morgan Stanley. $NVDA $AMD $AVGO $SMCI $GOOG $MSFT $AMZN https://t.co/JyHdAAC7cd