Goldman Sachs Research warns that the energy consumption of global datacenters will more than double by 2030, largely due to the burgeoning demand for AI. With the current power consumption at about 55 GW, this will rise to 122 GW as AI workloads grow from 14% to 27% of total usage. Major tech companies like Amazon and Microsoft are expected to invest heavily in infrastructure to support this surge, highlighting a critical need for upgraded electricity grids estimated to cost $720 billion.
AI's growing demand for electricity will drive datacenter energy use to more than double by the decade's end, according to Goldman Sachs Research.
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