FT Podcast FT News Briefing
Add to myFT
Get instant alerts for this topic
Manage your delivery channels hereRemove from myFT
AI wakes up the sleepy US power sector
Companies in dealmaking blitz as they seek to build the energy infrastructure for data centres
AI-driven data centre demand is sparking a $200bn M&A surge in the US power sector. Energy infrastructure is becoming a critical capacity bottleneck for enterprise AI deployment; utilities and tech firms are now frontline M&A targets.
FT Podcast FT News Briefing
Add to myFT
Get instant alerts for this topic
Manage your delivery channels hereRemove from myFT
AI wakes up the sleepy US power sector

The scramble for electricity has become the gold rush beneath the AI boom.

Also in today’s newsletter, an interview with former BP chief executive Bernard Looney on the global AI power crunch

NextEra and Dominion must now win over regulators

The artificial intelligence boom is upending US electricity markets, and this week, more indications emerged that the US gas…

The “data-centre boom” is driving a surge in gas investment in the US, pushing its fossil-power spending ahead of China,…

Were it not for data centres, prices might be even higher

Weekly Must-Read: China’s AI Boom Is Rewiring Its Power Grid