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By 2030, data centers are expected to consume 8% of all power generated in the U.S., up from just 3% in 2022. This staggering growth is fueled by the rapid rise of artificial intelligence (AI). #Utility companies are taking note and responding in a big way... Securing significant supply deals with data center operators hungry for more power, utility companies are setting the stage for higher sales and profits, creating new opportunities for growth. Dive into the latest insights from Reuters to explore some of the deals announced in 2024: https://lnkd.in/eaYZYtft #Energy #AI #DataCenters #Utilities #Growth

Microsoft deal signals booming demand from data centers to power AI

Microsoft deal signals booming demand from data centers to power AI

reuters.com

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