AI Boom Spikes Electricity Rates, Software Startups Offer Solutions

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Tuesdays

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Electricity rates surge due to AI boom, data centers power demand. Utilities repurpose jet engines, explore space power. Data center use to triple by 2032, causing grid strain. Consumers frustrated, environmental groups call for moratorium. Software startups offer solutions: Gridcare, Yottar, Base Power. AI partnerships for efficiency and connections. Software could alleviate power crunch by 2026. Checkout Solipillow.comThe Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.