<ul><li>Former Google CEO Eric Schmidt recently acquired Relativity Space, and his plans for the company involve launching computing infrastructure into space.</li><li>Schmidt highlighted the increasing need for electricity to power data centers for AI development and applications during a House Committee hearing on the future of AI and US competitiveness.</li><li>Estimates suggest that data centers will require additional gigawatts of power in the coming years, with the demand expected to rise significantly by 2030.</li><li>Schmidt emphasized the scale of the energy demand for the industry and the significant power requirements of data centers, signaling his focus on space-based computing infrastructure.</li></ul>

Eric Schmidt apparently bought Relativity Space to put data centers in orbit

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