Billion-Dollar Market Behind the Socket: Who Profits from AI's Hunger for Power!

While the world talks about chips and chatbots, the future of artificial intelligence is being decided in an inconspicuous area: power supply. The new generation of data centers — dubbed AI factories — consumes so much energy that the market for the appropriate equipment is exploding. Investment bank RBC estimates the volume for the next five years at around $220 billion annually; in 2024, it was only $60 billion. That's a tripling within a few quarters. The trigger is a technical upheaval. Until now, data centers operated on alternating current,...