AI’s Energy Appetite: The Power Surge Ahead

AI’s rapid growth is driving an unprecedented boom in global electricity demand, with data centers and electric vehicles expected to add more than 2,000 terawatt-hours by 2035, says Kim Inglis, BCom, CIM, PFP, FCSI, RIAC, Senior Portfolio Manager at Raymond James. She weighs in on AI’s accelerating power usage worldwide and the potential implications for investors and policymakers.