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Ark Invest and EQT are capitalizing on the potential of artificial intelligence (AI) in the energy sector. Ark Invest sees a $28 trillion opportunity in AI plays, while EQT's $35 billion energy deal includes a significant AI opportunity. EQT recently invested $5.5 billion in infrastructure, sparking discussions on AI's role in future energy demands, particularly for data centers. CEO Shalennial of EQT highlights the growing importance of AI in powering data centers, projecting AI's power demand to surpass residential demand by 2030. The energy sector, including EQT, is identified as a key player in meeting AI demand according to a Morgan Stanley report.
From a larger $MS report on 15 Ways to play A.I Interesting how they broke down. @petenajarian mentioned the energy sector with A.I. demand. Yesterday on Rebel's Edge 🏴☠️ 1pm https://t.co/8cKaSDmK0k https://t.co/maS3AYuph8
How much of the EQT-Equitrans Midstream deal is about powering data centers? @SullyCNBC asks. "There's estimates by 2030 that AI use could be bigger than residential power demand," says $EQT CEO @Shalennial. "AI use power demand is going to be big." https://t.co/I7OEz6alnF
$EQT's natural gas deal has the market feeling a bit gassy! 💨 Just dropped $5.5 billion on infrastructure. Could A.I.🤖 be part of the future demand? 🤔 Something's gotta power all this computing! @jonnajarian @petenajarian on Rebel's Edge 🏴☠️ 1pm #naturalgas #energy #AI… https://t.co/Ntj5VdhTuy
