Recent findings point towards the growing energy consumption by data centres due to AI demand, the impact on coal plant closures, public usage of AI technologies, key partnerships in computer vision projects, and China’s investment in domestic chip industries for AI development. These developments shed light on the evolving landscape of technology and energy sectors.
Key Facts from the Tech and Energy Sectors
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The Electric Power Research Institute warns that data centers could consume up to 9.1% of US electricity by 2030, growing from 4% last year, driven by increasing demand from artificial intelligence (AI).
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Energy demands from AI have influenced a slowdown in the projected US closure of coal plants. Plans to retire coal-based power generators have dropped to 54 gigawatts, 40% lower than last year’s estimate.
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A new survey by Reuters Institute and Oxford University found that only 2% of Brits use AI technologies like ChatGPT daily. Additionally, 30% of UK respondents are unfamiliar with prominent AI products.
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Palantir, co-founded by Peter Thiel, secured a $480 million deal with the US Army to advance a computer vision project. The company already collaborates with various military branches, including those in Ukraine.
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In response to US export restrictions on semiconductors, China has launched its third chip fund, valued at $47.5 billion, to support domestic chip industries crucial for AI development.
These updates reflect significant trends and investments in technology and energy infrastructure, highlighting both advancements and challenges in these sectors.
