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Former Google $GOOG CEO Schmidt told Congress that Al could eventually use 99% of the world's electricity AI currently uses 3% of global energy — and it's growing faster than we can build new power plants.
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AI is growing faster than we think, and we don’t have enough power plants to support it. This could lead to an energy crisis. Mega-cap companies, politicians, and top investors are already making moves in energy stocks Here are some ideas: Talen Energy Corporation $TLN has established a significant partnership with $AMZN

Stan Druckenmiller, Nancy Pelosi and Tepper added $VST few months ago

Buffett owns $OXY and $CVX Berkshire Hathaway $BRK.A through pacifiCorp (its utility arm) and in partnership with TerraPower (founded by Bill Gates), it’s developing advanced nuclear reactors, particularly Natrium sodium fast reactors. Charts from @stock_unlock

Icahn has been buying $CVI

Constellation Energy $CEG signed a 20-year power purchase agreement (PPA) with Microsoft.

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AI’s energy demand is soaring, could reach 99% of global electricity use—current growth outpaces power plant expansion.

This is false, Schmidt mispoke. He actually said 9%, you can check in the transcript!

Yet, you need to keep your AC off in the summer to save the planet…..

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