
The rapid growth of AI data centers is driving a significant increase in power demand in the United States, raising concerns about its impact on climate goals. AI data centers are highly power-intensive, with some consuming more energy than entire cities. Current data centers account for 4.5% of US power supply, and this figure is projected to grow to 8% or above by 2030, according to the Electric Power Research Institute and estimates from JPMorganAM. In response to the growing demand, Equinix has raised $15 billion to expand its xScale data centers, particularly in the US. US data center construction has also reached a record high, with investments surpassing $28.5 billion annually, a 57% increase from last year.








US data center construction reached another record high this month, surpassing a rate of $28.5B/year amidst the AI boom. That's 57% higher than last year and 114% higher than two years ago. https://t.co/FJG7iW4KO0
The #AI boom is fueling a surge in Asia's energy and infrastructure investments, with power demands from AI data centers set to grow 50% over the next decade.๐๏ธโก #AIInvestment #ArtificialIntelligence #Tech https://t.co/6hwvMYErsE
That's a lot of cheddar. Equinix raises $15B in new capital to invest in xScale data centers to meet AI demand https://t.co/byxpaIGdSb via @VentureBeat #Equinix #AI