<ul data-eligibleForWebStory="false"><li>Global data centers are projected to consume a significant amount of electricity, with estimates suggesting that by 2030, they will use about 3-4% of global electricity demand.</li><li>AI models like ChatGPT, powered by GPUs, are energy-intensive, with a single ChatGPT query using almost 10 times more power than a Google search.</li><li>China leads in data center scale and speed, while the US excels in AI innovation and chip design. Microsoft has tested underwater data centers off the coast of Scotland as a potential solution to the growing energy demand of data centers.</li><li>Land near hydro dams and fiber lines is becoming valuable for data center placement, and it is speculated to be the new 'gold mine' due to the importance of land availability and power resources for data centers.</li></ul>

What If Data Centers Are the New Oil — And China’s Already Drilling Faster?

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