Tag: market pressure
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The Register: Datacenters could blow up your electric bill thanks to AI
Source URL: https://www.theregister.com/2024/11/22/ai_hike_energy_bills/ Source: The Register Title: Datacenters could blow up your electric bill thanks to AI Feedly Summary: Operators may have to pay more for energy if capacity cannot meet demand Americans could face a 70 percent hike in their electricity bills by 2030 unless action is taken to boost generation and transmission capacity…
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Slashdot: Tech Giants Are Set To Spend $200 Billion This Year Chasing AI
Source URL: https://tech.slashdot.org/story/24/11/01/1238226/tech-giants-are-set-to-spend-200-billion-this-year-chasing-ai Source: Slashdot Title: Tech Giants Are Set To Spend $200 Billion This Year Chasing AI Feedly Summary: AI Summary and Description: Yes **Summary:** The text discusses the substantial financial investments by major technology firms in artificial intelligence (AI) despite previous criticisms of the costs not yielding justified results. This trend highlights the…