AI, Bitcoin Face Off in Energy Race ...Middle East

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AI, Bitcoin Face Off in Energy Race
source : OILPRICE ( Middle East ) () 74
Big Tech's appetite for energy is rising fast thanks to these companies' new artificial intelligence focus. Yet Big Tech's AI push is not the only significant energy guzzler in town: bitcoin was here first. Now, the two are locked in a tight race to secure as much electricity for their data centers and mining operations as they can—including from each other. "The AI battle for dominance is a battle being had by the biggest and best-capitalized companies in the world and they care like their lives depend on it that they win," the chief executive…

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