AI's Electric Bill: How Private Money Powers the Future
Update: 2025-09-27
Description
AI's Insatiable Hunger for Power: Private equity firms are investing billions in US electric utilities to fuel the AI boom, targeting states like Texas and Minnesota. This surge, driven by energy-intensive data centers powering AI like ChatGPT, could transform power grids and customer services, but may also create uneven investment and leave some areas behind as the race to power the AI revolution intensifies.
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