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⚡️ One AI data center uses more energy than Seattle ...

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Sun, Nov 10, 2024 09:05 PM

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An impending crisis could also be the greatest tech opportunity this decade. America is running out

An impending crisis could also be the greatest tech opportunity this decade. America is running out of power … Vast sections of the United States — and the world — are facing an impending energy crisis. [Market Gains Insider]( America is running out of power … Vast sections of the United States — and the world — are facing an impending energy crisis. Utilities can’t keep up. They’re grasping for credible plans to expand the nation’s creaking power grid. That includes places like Chicago, which is expected to see a 900% jump in power demand. And Georgia, where the latest projection for new electricity use is now 17 times what it was only recently. Arizona’s largest public utility company has even warned that its capacity could soon be completely wiped out. Why? It’s all thanks to AI, which continues to grow exponentially. This massive growth has one drawback, however. AI is draining power. In fact, it’s exhausting grids all over the world. That’s because, on average, just one new AI data center currently requires the same amount of electricity needed to power 750,000 homes. That’s more than the population of cities like Seattle, Detroit and Denver. And that’s just one AI data center. Nearly 3,000 more of them are on the way in the near future. That’s why Tirias Research forecasts that, by 2028, data center power consumption alone will be 212 times what it was in 2023. But it could be even worse … This AI boom is going to push America’s power grid to the brink … With potentially catastrophic repercussions. Elon Musk even recently said that AI could run out of electricity by 2025. Big Tech is scrambling and investing billions trying to find solutions to this impending calamity. But the answers they’re seeking won’t be ready for three, four even six years … At the earliest. That’s just not good enough. And while all this sounds quite scary. This crisis may just reveal one of the greatest investment ideas we are ever going to find. I’ve been following this situation closely the past few years. And my research has recently uncovered two companies that could make a massive difference today. These firms can provide solutions to this power drain right away … And with data center construction exploding in the next year, they could see phenomenal growth. [To find out more, watch my free video, entitled: “Beyond AI.”]( Sincerely, [Signature] Michael Robinson Director of Tech Investing Strategies Weiss Ratings 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