AI Revolution Sparks Energy Concerns: Can Big Tech Meet Climate Goals?
USA News Group Commentary
Issued on behalf of Avant Technologies Inc.
VANCOUVER, BC, July 10, 2024 /PRNewswire/ — USA News Group – With the rise of the artificial intelligence (AI) revolution, so too comes a massive increase in energy consumption, drawn by thousands of computers in data centers across the world. According to the International Energy Agency (IEA), global data center electricity demand will more than double from 2022 to 2026, with AI playing a major role in that increase. It’s because of this, there is already skepticism growing over if AI’s insatiable energy demand will jeopardize Big Tech’s climate goals, as it wreaks havoc on global power systems. Working to address these concerns are several players in the AI data center space developing potential solutions, including from Avant Technologies Inc. (OTCQB: AVAI), Tesla, Inc. (NASDAQ: TSLA), Supermicro, Inc. (NASDAQ: SMCI), Digital Realty Trust, Inc. (NYSE: DLR), and Vertiv Holdings Co (NYSE: VRT).
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