Tech companies are building data centers as quickly as possible to run AI. These facilities are controviersial because they use copious amounts of electricity and might tax an electrical grid that in ...
In June, WSJ’s Joanna Stern headed inside a data center to show just how much energy it takes to make an AI image and video. Photo: David Hall It’s harder than ever to mine bitcoin. And less ...
One afternoon in June 2024, I stood up against the fence of a sprawling industrial facility a few miles outside of Corsicana, Texas. Over a metal gate, I watched a bright yellow excavator claw at the ...
The effort is drawing bipartisan support and is expected to come up again next year as officials grapple with the artificial intelligence boom’s side effects. States facing drought and dwindling ...
Power demand from US data centers is set to surge to 106 gigawatts by 2035, according to BloombergNEF, a 36% increase from the research provider’s previous outlook in April. The upward revision in ...
Dominion Energy says its upcoming $11-a-month rate hike is driven by grid upgrades and inflation — not Virginia’s rapidly growing data-center industry. Critics note that Virginia hosts one of the ...
Current Climate brings you the latest news about the business of sustainability every Monday. Sign up to get it in your inbox. Anyone holding out hope that increases in electric power prices could ...
CleanSpark CEO Matt Schultz laid out the bitcoin mining company's new strategy to develop AI data centers alongside its crypto mining operations in an appearance on CNBC's "Crypto World." He says ...
The huge demand for energy to power data centers will be a key focus for antitrust regulators in the future, a former top official at the U.S. Justice Department’s trustbusting division said.
This is read by an automated voice. Please report any issues or inconsistencies here. Gov. Gavin Newsom vetoed a bill that would have tracked data centers’ growing water footprint in California. He ...
The legislative proposal introduces a tiered tax system for energy used by crypto miners in New York, charged by kilowatt-hour used. New York State Senator Liz Krueger introduced a bill on Wednesday ...