How AI Is Fueling a Boom in Data Centers and Energy Demand

Posted on the 12 June 2024 by Phil's Stock World @philstockworld

By ANDREW R. CHOW, Time

While AI could change the world in many unforeseen ways, it's already having one massive impact: a voracious consumption of energy. Generative AI does not simply float upon ephemeral intuition. Rather, it gathers strength via thousands of computers in data centers across the world, which operate constantly on full blast. In January, the International Energy Agency (IEA) forecast that global data center electricity demand will more than double from 2022 to 2026, with AI playing a major role in that increase.

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