Big Tech's data center demands strain US utilities, leading to potential costs and abandoned projects

From Yahoo Finance: 2025-04-07 06:02:00

U.S. electric utilities face a surge in power requests as Big Tech seeks space for data centers to support AI needs. Utilities must decide how to meet demand without overbuilding or risking blackouts. Tech companies’ secrecy makes it hard for utilities to predict future demand accurately. Some projects may be abandoned due to rising costs and changing AI needs. Microsoft has pulled back from some projects, potentially reducing electricity demand.



Read more at Yahoo Finance: US utilities grapple with Big Tech’s massive power demands for data centers