Big Oil Is Suffering Despite the AI Energy Boom

AI seems to be the tide that raises all energy boats. Policymakers and private enterprises around the world are adopting an all-of-the-above approach to energy sourcing – clean energy pledges be damned – in order to shore up energy security in an era of unprecedented flux. Governments around the world are greenlighting new projects to boost energy production as fast as they can in an attempt to stay one step ahead of looming energy shortages, while tech moguls bet big on proven as well as unproven energy technologies. But while the…