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Stock impact report

Why AI Could Finally Win The Current Wars For Thomas Edison [Forbes]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Forbes
But supplying the added demand with the existing grid, an architecture first designed to power lightbulbs, is like eating soup with a fork - you can do it but there is just a better way. Ironically, the better way is arguably how Thomas Edison designed the first U.S. commercial power plant back in 1882, which was with direct current (DC) electricity that flows in one direction like water through a hose. Edison's Pearl Street Station initially served just two customers, J.P. Morgan and The New York Times, supplying them with the kind of power that data center servers (computers) and electric vehicles (EVs) need to run today. Edison's rival, George Westinghouse, championed alternating current (AC), which rapidly reverses direction back and forth like the ocean tide. That trait let Westinghouse leverage equipment called transformers that allows AC electricity to travel over long distances, setting the stage for a centralized grid. What followed became known as the Current Wars, a bitte Show less Read more
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