UAE Minister Calls for $4 Trillion Annual Energy Investment to Power AI ...Middle East

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UAE Minister Calls for $4 Trillion Annual Energy Investment to Power AI
source : OILPRICE ( Middle East ) () 62
The advance in AI and the surge in data center build-out have pushed global energy investment needs to $4 trillion annually, Sultan Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC chief executive, said on Monday.  Large oil producers have been warning for years that investment in supply needs to rise to meet constantly growing global energy demand. Now the new AI age requires even more investment in energy supply and grids, Al Jaber said today in his opening address to the ADIPEC energy conference in Abu Dhabi.  Al…

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