Energy Costs Are Catching Up With Big Tech
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Artificial intelligence is all the rage these days, and so is its energy consumption. From a game-changing technology that would usher in a new era, AI has recently turned into a problem for many—a problem that makes electricity more expensive while, apparently, not really living up to the promise of its developers. Big Tech is still pledging tens of billions in AI spend. Now, it may have to spend a bigger portion of those billions on securing its own energy, and on proving its worth the money that AI users would have to spend on the technology.…
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Financial market analysis indicating neutral sentiment based on current trends.
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