In a groundbreaking partnership, Saudi Aramco and Google AI firm SandboxAQ use quantum computing to transform carbon emissions into profitable products, making fighting climate change lucrative for oil giants and accelerating the shift to cleaner energy.
Artificial intelligence's soaring energy needs from data centers are straining power grids, prompting utilities to rapidly build new gas and nuclear plants while regulators grapple with questions over subsidies and generation pathways to meet AI's insatiable electricity appetite.
President Trump unveils a $92+ billion investment in cutting-edge AI and energy initiatives, praised as 'historic' by major firms like Blackstone, Google, FirstEnergy, Westinghouse, and CoreWeave, with Pennsylvania newspapers hailing it as a 'golden age' for the state.
AI's surging energy demands strain electricity grids, necessitating increased fossil fuel usage in the near term, but renewables and nuclear power emerge as pivotal solutions beyond 2030 to meet the escalating computational needs while mitigating environmental impacts.
Surging energy demands from AI systems are straining power grids and fueling emissions, with data centers already consuming 2-4% of national electricity in major economies and AI potentially driving a 25-fold increase in the global tech sector's energy use by 2040.
Google pours $25 billion into data centers, AI infrastructure, and renewable energy across major U.S. electric grid PJM, spanning 13 states, signing deal for 3,000 megawatts of hydroelectric power from Brookfield Asset Management over next two years.
AI's skyrocketing electricity demand, projected to more than double by 2030, fuels both opportunities to cut costs, enhance competitiveness, reduce emissions through energy sector innovation, and the urgent need for countries to invest in power generation, grids, data center efficiency, and cross-industry collaboration.
Driven by AI's insatiable energy demands, data centers' electricity consumption is projected to double by 2030, with the US, Europe, and China accounting for 85% of current energy guzzling.
As AI's electricity demands skyrocket with data centers requiring immense power akin to five Hoover Dams, nuclear energy gains traction as a reliable 24/7 source for powering AI's voracious computational needs.
Arago unveils a photonic processor slashing AI energy consumption by 10x and raises $26M in seed funding to commercialize its breakthrough chip that processes data using lasers instead of transistors, delivering top GPU performance at lower cost.