Tech giants are building power-hungry data centers to run their artificial intelligence tools. The costs of that demand surge are becoming clearer.

A.I. requires large data centers and a lot of power. That risks throwing companies’ climate pledges off track.Nathan Howard for The New York TimesA.I.’s carbon problem

The boom in artificial intelligence has minted billions in (paper) wealth for tech giants like Microsoft and Amazon. But there’s an overlooked set of winners as well: utilities and energy companies.

The power demands of the huge data centers that underpin the A.I. revolution keep growing. Wall Street is taking notice — but the climate effect isn’t getting as much attention.

The A.I. boom is supercharging markets’ interest in power. One sign of investor enthusiasm: The S&P 500’s utilities sector is up nearly 8 percent this year, outpacing the benchmark index overall.

Tech’s energy needs

Keep reading this article on Andrew Ross Sorkin – Author New York Times.

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