The AI-crypto power struggle

Published: Oct. 3, 2024, 9:43 a.m.

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All those fancy artificial intelligence systems need a lot of data centers to run, and those data centers need a lot of energy. One estimate from the Electric Power Research Institute suggests that current data center electricity consumption in the U.S. will more than double by 2030, making up about 9% of all energy use. But the AI sector is coming up against the big energy-hungry tech innovation of yesteryear: crypto mining. Marketplace’s Meghan McCarty Carino spoke with Reuters reporter Laila Kearney about the scramble to power up in both industries.

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