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tz-plus logo AI Revolution Turns Energy Companies Into Unexpected Winners: the new Energy Boom in the AI age!

L. Kulikov
Reading Time: 3 minutes

Artificial Intelligence is not only changing the way we work, but is also revolutionizing the energy markets. What initially appears to be a technology trend reveals itself to be a massive electricity demand, making traditional energy companies the unexpected winners of the AI boom. While investors have mainly focused on NVIDIA, Meta , and other tech giants, many overlook the fundamental challenge: data centers for Artificial Intelligence require huge amounts of electricity - around the clock. Global electricity demand is expected to rise by...

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