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Ron Bousso (Reuters) – Big Tech’s race to dominate artificial intelligence may soon hit a nasty road bump as U.S. electricity grids struggle to keep pace with the big-spending hyperscalers. America’s technology giants, including Microsoft, Amazon, Alphabet and Meta, have in recent months announced plans to spend over $600 billion on AI in 2026 alone. The investment wave has already fuelled …
Feb 24 (Reuters) – Alphabet’s (GOOGL.O) Google doubled down on efforts to secure power supply for its data centers across the country by entering into separate agreements with U.S. utilities, AES Corp (AES.N) and Xcel Energy (XEL.O), on Tuesday. Big Tech firms have been scouring for new, reliable and cleaner energy sources to power their …
Google Signs AES, Xcel Supply Deals to Meet Data-Center Energy Needs Read More »
By Josh Wingrove, Yoshiaki Nohara, and Catherine Lucey Japan plans to invest up to $36 billion in US oil, gas and critical mineral projects, the first tranche of its $550 billion commitment under the trade agreement it struck with President Donald Trump. “Our MASSIVE Trade Deal with Japan has just launched!” Trump posted Tuesday on …
Japan, US Reach $36 Billion of Gas, Mineral Deals in Trump Pact Read More »
By Padraic Halpin Microsoft to retain matching target during AI expansion Tech giant has purchased 40 GW of new renewable energy Ready to ramp up again in data centre pioneer Ireland DUBLIN, Feb 18 (Reuters) – Microsoft (MSFT.O) has promised to keep buying enough renewable energy to match all its electricity needs after meeting that …
Microsoft to Keep Buying Enough Renewable Energy to Match All its Electricity Needs Read More »
(Reuters) – Utility firm Duke Energy forecast a higher current-year profit on Tuesday on the back of strong power demand. The rapid buildout of AI data centers and accelerating power consumption across homes and businesses were set to drive U.S. demand to record highs in 2026, the U.S. Energy Information Administration said. The utility firm was also considering adding large …
Duke Energy Forecasts Higher 2026 Profit on Strong Power demand Read More »
Feb 9 (Reuters) – French oil major TotalEnergies (TTEF.PA) on Monday signed two long-term deals to supply solar power to Google’s (GOOGL.O) data centres in Texas, as it looks to tap rising electricity demand driven by artificial intelligence. Total will deliver 1 gigawatt of capacity – equivalent to 28 terawatt-hours of renewable power over 15 …
TotalEnergies to Provide Solar Power to Google’s Texas Data Centres Read More »
(Reuters) – Williams Companies is exploring buying natural gas production in the United States, a rare foray for an energy infrastructure operator, as it aims to secure natural gas supplies to support its one-stop-shop offering to hyperscalers and data center clients, three people familiar with the matter said. The Tulsa, Oklahoma-based firm has spent the …
Artificial intelligence already has a big footprint in stocks. Now lending for data centers is becoming a factor in bonds and credit. By Paula Seligson More than $3 trillion. That’s the staggering price tag to build the data centers needed to prepare for the artificial intelligence boom. Not even the world’s biggest technology companies—not Amazon.com, …
The $3 Trillion AI Data Center Build-Out Becomes All-Consuming For Debt Markets Read More »
By Emily Chow, Yousef Saba and Andrew Mills AI and data centres seen driving rising LNG demand Asia, led by China and India, to drive LNG demand growth LNG prices may soften with new supply DOHA, Feb 2 (Reuters) – Growing electricity demand from AI and data centres, together with rising fuel use in Asia …
AI Power Needs May Turn LNG Glut to Gap by 2030, Says Qatar Energy CEO Read More »
By Naureen S Malik and Ari Natter As many as 151 million Americans are at high risk of power shortfalls — or outright blackouts — over the next five years because of extreme weather, natural gas system vulnerabilities and soaring electricity demand, according to a report by the grid reliability regulator. Areas deemed at high …
Half of Americans at High Risk of Power Shortfalls Amid AI Boom Read More »
