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The Invisible Energy Crisis Threatening to Derail the AI Boom

Every AI boom forecast being published right now — every bull case, Big Tech earnings call, and valuation model — seems to be making the same assumption.

Source OilPrice AI Summary Updated 3h 39m ago

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Every AI boom forecast being published right now — every bull case, Big Tech earnings call, and valuation model — seems to be making the same assumption. The electricity will be there to power it when they need it. It won’t. Bitzero (NASDAQ: AIBZ) spent the last four years betting against that assumption. The company locked in more than a gigawatt of low-cost power across Norway, Finland, and North Dakota, well before the rest of the industry started fighting over every available megawatt. The company is already cash flow positive,…

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