UAE Minister Calls for $4 Trillion Annual Energy Investment to Power AI

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UAE Minister Calls for $4 Trillion Annual Energy Investment to Power AI

The advance in AI and the surge in data center build-out have pushed global energy investment needs to $4 trillion annually, Sultan Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC chief executive, said on Monday.  Large oil producers have been warning for years that investment in supply needs to rise to meet constantly growing global energy demand. Now the new AI age requires even more investment in energy supply and grids, …

Alphabet’s Q3 Earnings Signal A Future $4 Trillion Valuation As AI Gamble Pays Off - Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL)

AI made energy expensive again as ADNOC chief calls for $4 trillion annual energy investment * WorldNetDaily * by WND Staff

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The world needs $4 trillion to meet growing energy demand, says Al Jaber

Massive grid and infrastructure build needed to secure future energy supply

Adnoc CEO Says AI Raises Energy Investment Needs to $4 Trillion

The global energy industry needs annual investment of $4 trillion as the boom in data centers and artificial intelligence increases demand, according to Sultan Al Jaber, head of the biggest crude producer in the United Arab Emirates.