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$2 Trillion War Over The Fate Of AI [Yahoo! Finance]
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Where Will Electricity Come From A recent study identified one single habit that doubled Americans' retirement savings and moved retirement from dream, to reality. Read more here The headlines won't stop. The most recent is that Amazon's ( NASDAQ: AMZN ) Jeff Bezos plans to raise $100 billion for a new AI Manufacturing Fund to buy manufacturing facilities and update their efficiency with AI. Alibaba and Tencent lost $66 billion in market capitalization in one day due to failed AI plans. OpenAI will pivot again toward a “superapp” to attract more business and software customers. The effort to build AI data centers continues to explode. The New York Times reports that the AI giants have begun building off-grid data centers powered by their own energy sources. These companies are desperate for electricity and cannot wait for traditional energy sources to solve the problem. And, these structures will cause significant air pollution. Among the largest mega AI companies, including Me
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