Friday, January 16, 2026 at 10:30 AM
Tech giants are increasingly investing in energy development to secure power for their AI data centers, with Alphabet's recent $4.75 billion acquisition of renewable energy developer Intersect Power highlighting this trend.
The company is also banking on growing power demand as electric vehicles increase and AI data centers spread.
The White House proposal would involve an emergency auction within the country’s biggest power market.
Companies in China are jostling for access to Nvidia’s latest Rubin lineup while better-funded U.S. competitors are first in line.
The company says it can unlock hidden troves of concentrated energy and squeeze out more from known fields through the use of AI.