NEWS: AI power demand to grow tenfold by 2030, new report says

AI could drive a tenfold surge in data center power demand by 2030, according to a new report from risk firm DNV. (Axios)

  • The firm projects that by 2040, North American data centers—led by the US—will consume 16% of regional electricity, with 12% of that tied to AI workloads.

  • Even so, DNV says AI’s global energy share will likely stay below 3%, far less than demand from EV charging or building cooling.

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