The AI bubble you haven't heard about
Business
The companies that provide the power to data centers are pushing regulators to approve massive spending increases for power plants and grid infrastructure. The electricity forecasts they're using to make their case have an inflation problem — and consumers could end up paying for power plants they may never need. Many utilities are citing sky-high estimates to justify new AI data centers from Georgia to Texas and up to Minnesota. The catch? Data center operators submit electricity requests in
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