Goldman Sachs Says AI Boom Will Supercharge Energy Demand ...Middle East

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Goldman Sachs Says AI Boom Will Supercharge Energy Demand
source : OILPRICE ( Middle East ) () 56
Lately, big tech cheerleaders, including Meta Platforms’ (NASDAQ:META) Mark Zuckerberg, Amazon’s (NASDAQ:AMZN) Jeff Bezos and OpenAI’s CEO Sam Altman, have warned we are in an AI bubble, with stock market valuations, heavy speculation and market exuberance beginning to mirror those of the dot-com era that eventually led to the famous stock market crash 25 years ago. Meta has announced plans to spend over $100 billion on AI and infrastructure in the coming three years; Apple plans to invest more than $500 billion in the U.S. over…

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