Artificial Inteligence

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US Needs More Electricity to Win AI Race, Says Trump Energy Czar

Artificial Inteligence, Electricity Grid, Energy Topics & Technology, Latest, US News / By

Doug Burgum tapped to lead Interior Department, energy council Former governor made his fortune in accounting software By Jennifer A Dlouhy The US risks forfeiting a global competition to dominate artificial intelligence if it doesn’t build more reliable, always-on electricity to supply the industry, President-elect Donald Trump’s pick to lead the Interior Department warned Thursday. …

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Gas Power Won’t Provide an Easy Fix for AI Boom

Artificial Inteligence, Conventional Energy, Energy Topics & Technology, Latest, Natural Gas, US News / By

Developers of new generation capacity in the US face soaring costs and long wait times for turbines. One of the biggest energy stories of last year was the challenge of powering the artificial intelligence boom. Tech companies are putting serious money behind renewables and nuclear on the assumption electricity consumption will soar. But in the immediate future, natural gas is …

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The Biggest Energy Miscalculation of 2024 by Global Leaders – Artificial Intelligence: Maureen McCall

Artificial Inteligence, Conventional Energy, Electricity Grid, Energy Topics & Technology, Latest, LNG, Natural Gas, Oil, Tri-Pinned, US News / By

    by Maureen McCall It’s generally accepted that the launch of Artificial Intelligence (AI) occurred at Dartmouth College in a 1956 AI workshop that brought together leading thinkers in computer science, and information theory to map out future paths for investigation. Workshop participants John McCarthy, Marvin Minsky, Nathaniel Rochester and Claude E. Shannon coined …

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Microsoft Deal Signals Booming Demand From Data centers to Power AI – The Deals of 2024

Artificial Inteligence, Electricity Grid, Energy Topics & Technology, Latest, US News / By

By Reuters (Reuters) – U.S. utilities are finally signing concrete supply deals with data-center operators as the artificial-intelligence wave sparks a surge in power demand, paving the way for higher profits in the coming quarters. Data centers are expected to account for 8% of the power generated in the U.S. by 2030, compared with 3% in …

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AI’s Energy Hunger Fuels Geothermal Startups but Natgas Rivalry Clouds Future

Artificial Inteligence, Conventional Energy, Energy Topics & Technology, Geothermal, Latest, Natural Gas, Renewable Energy, US News / By

(Reuters) – Geothermal energy startups are on the upswing with Big Tech companies looking to feed their power-intensive AI data centers, but long-term investments remain uncertain as oil majors double down on natural gas. Meta  and Alphabet’s  Google are among the tech companies partnering with startups proposing to produce geothermal electricity, to power their data centers. Large …

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Fossil Fuels Initially Needed for AI Boom, Nuclear Expert Says

Artificial Inteligence, Conventional Energy, Energy Topics & Technology, Latest, Natural Gas, Oil / By

Tepco adviser Klein says gas likely required in the short term Japan is going to need ‘more and more electricity,’ he says The rise of artificial intelligence will drive a surge in electricity demand that’ll initially be met by fossil fuels, before nuclear replaces that source, the head of a body advising Japan’s top utility …

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Trump and the AI Power Boom Are Putting Utility Climate Goals at Risk

Artificial Inteligence, Conventional Energy, Energy Topics & Technology, Latest, Natural Gas / By

Some US utilities say rising demand from data centers means fossil fuels will be needed for longer Big US utilities’ climate goals are in peril as artificial intelligence turbocharges electricity demand and Donald Trump’s reelection signals policy shifts that would favor fossil fuels. These companies all have ambitious targets to cut their carbon emissions, most often to reach …

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AI Boom Propels a Wild-West-Era Texas Landowner to 230% Stock Rally

Artificial Inteligence, Energy Topics & Technology, Latest, US News / By

Texas Pacific Land Corp.’s value has soared as Big Tech plows cash into sprawling US data centers A Texas land company founded during the Wild West era more than a century ago is becoming an unlikely beneficiary of market euphoria over artificial intelligence. Dallas-based Texas Pacific Land Corp., which employs 100 people, has seen its …

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AI Power Demand Complicates Low-Carbon Goals, Dominion CEO Says

Artificial Inteligence, Conventional Energy, Energy Topics & Technology, Latest, Natural Gas, Nuclear, US News / By

Data centers make it harder to retire fossil-fuel plants Demand also spiking from new factories and electric vehicles The boom in power demand from data centers and artificial intelligence creates a conflict between maintaining a reliable grid and cutting carbon emissions, according to the head of Dominion Energy Inc. “There’s a little bit of tension there …

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KKR Sees $250 Billion Spent Annually From Data Center Boom

Artificial Inteligence, Energy Topics & Technology, Latest, US News / By

Alternative investment manager is leaning into data centers Operators of the facilities looking for new power sources Soaring demand for data centers to support artificial intelligence and cloud-computing will boost global spending in the sector to $250 billion a year, according to KKR & Co. The US is the biggest developer of data centers. That infrastructure …

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