AI Revolution Drives Electricity Consumption Massively Upwards: IES Holdings is a Potential Beneficiary.

The AI era will cause electricity demand to skyrocket. There are several reasons for this: Modern AI models like GPT, Gemini, or Claude consist of billions to trillions of parameters. Both training and inference (execution) of these models require enormous computing power, which in turn consumes a lot of electricity. AI is mostly run on high-performance GPUs, which require a significant amount of power – sometimes several hundred watts per unit. In massive data centers, tens of thousands of these chips are in constant use. Applications like chatbots,...