NEW YORK (Reuters) -Google has agreed to secure as much as 3 gigawatts of U.S. hydropower in the world’s largest corporate clean power pact for hydroelectricity, the company said on Tuesday, as Big Tech pursues the expansion of energy-hungry data centers. The deal between Google and Brookfield Asset Management includes initial 20-year power purchase agreements, totaling $3 billion, for electricity generated from two hydropower facilities in Pennsylvania. The technology industry is intensifying the hunt for massive amounts of clean electricity to power data centers needed for artificial intelligence and cloud computing, which has driven U.S. power consumption to record highs after nearly two decades of stagnation.
Google to invest $25 billion in data centers and AI infrastructure across largest U.S. electric grid
Google will also spend more than $3 billion to modernize two hydropower plants in Pennsylvania to help meet growing demand from data centers in the region.
Nvidia rallies, leading market, on resumed AI chip exports to China
The export ban cost the company more than $10 billion in revenue, CEO Jensen Huang has said previously.
TechCrunch All Stage launches in Boston today — don’t miss what founders are learning
Today’s the day! TechCrunch All Stage is lighting up Boston’s SoWa Power Station at 7:30 a.m. ET sharp. The stages are set, the speakers are ready, and the startup community is gathering for one powerful day of insight, innovation, and momentum. In Boston and ready to scale your startup faster and more efficiently? There’s still […]
Google inks a deal to buy energy from Brookfield's hydro projects
Soaring AI energy demand is making what’s old, new again.
Jensen Huang says AI isn’t likely to cause mass layoffs unless ‘the world runs out of ideas’
Anthropic CEO Dario Amodei has said 50% of entry-level white collar jobs could be eliminated due to AI.
Trump joins tech and energy executives amid AI push
President Donald Trump will join executives from some of the largest U.S. tech and energy companies for a summit in Pittsburgh on Tuesday as the administration prepares fresh measures to power the U.S. expansion of artificial intelligence.
AI’s antisemitism problem is bigger than Grok
When Elon Musk’s Grok AI chatbot began spewing out antisemitic responses to several queries on X last week, some users were shocked.
An AI Startup Bootstrapped Its Way to $1 Billion in Revenue. Should VCs Be Nervous?
Surge AI CEO Edwin Chen says he doesn’t like the tradeoffs that come with outside investment.
Google to invest billions for hydroelectric energy and artificial intelligence in Pa.
Google said it will spend about $25 billion in the region to build out its data center and AI infrastructure in the next two years. And, starting with…