How much of the AI data center boom will be powered by renewable energy?
NeutralArtificial Intelligence
A new report from the International Energy Agency reveals that global spending on data centers is projected to reach $580 billion this year, surpassing the $540 billion allocated for new oil supply exploration. This marks a significant increase of $40 billion compared to previous spending levels on oil exploration. The report highlights the growing importance of data centers in the global economy, reflecting a shift in investment priorities towards digital infrastructure.
— via World Pulse Now AI Editorial System