The growing power demands of AI and cloud computing are pushing data centers to consume electricity, rivaling entire cities or states. Data centers supporting artificial intelligence require gigawatt-level energy and vast land resources, posing challenges for developers. Developers report facilities now require gigawatts of power, doubling the residential electricity usage of areas like Pittsburgh. Renewable energy alone can't meet these needs, prompting reliance on natural gas and exploration of nuclear energy, potentially delaying emissions goals.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02The strong energy needs of AI and cloud computing are driving data centers to consume
00:06electricity on a massive scale, comparable to entire cities or states.
00:12Developers report that facilities supporting artificial intelligence now require gigawatts
00:17of energy, double the residential electricity usage of areas like Pittsburgh.
00:21While renewable energy remains a focus, it can't meet demand alone, promoting reliance
00:27on natural gas in consideration of nuclear energy.
00:30This shift could delay emission goals, raising challenges for energy infrastructure and climate
00:35commitments.
00:36For all things money, visit Benzinga.com slash GSTV.