AI consumes electricity! Alphabet fights with the Intersect deal for the most important resource of the next tech era!

The global AI race is increasingly being decided not in code but at the power outlet. Data centers consume as much electricity as small towns, making energy a bottleneck and a factor of strategic power. With the acquisition of Intersect, Alphabet (i)(GOOG/GOOGL) is taking a decisive step away from being just an energy buyer towards becoming an active designer of the infrastructure that will determine the pace and leadership in the age of AI. The new AI gold rush – and why ultimately electricity wins In the world of major AI players, competition...