2024-06-25 16:45:00 ET
Summary
- In our view, AI has emerged as a transformative force, changing how we process, analyze, and utilize data across all industries.
- AI is advancing so quickly that the World Economic Forum reports the computational power required to sustain AI’s rise doubles roughly every 100 days.
- AI computations are far more energy-intensive than conventional internet queries.
By Jim Madden, CFA, Tony Tursich, CFA, and Beth Williamson
Calamos Antetokounmpo Global Sustainable Equities ETF ( SROI ), Calamos Antetokounmpo Sustainable Equities Fund ( SROI X)
As an investment team we want to provide value to our shareholders foremost. We do this by constructing investment portfolios of durable companies that make business sense and, in our opinion, address the sustainable risks and opportunities of the future. While many companies are still defining their business case for AI, the possibilities appear limitless to us. However, data center advancements that mitigate energy and resource use will be critical to the viability of AI’s rapid progression, and this is where we see tremendous opportunity.
All online interactions depend on a foundation of data stored in distant servers. Those servers, stacked together in data centers around the world, require a lot of energy. Currently, data centers account for about 1.0%–1.5% of the world’s electricity use 1 , and this figure is expected to increase to 3%–4% by the end of the decade 2 , in large part due to the exploding boom in artificial intelligence ((AI))....
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For further details see:
Energy Crunch Opportunities: Balancing AI Innovation And Data Center Demands