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Investing in the Industries Fueling the AI Boom
Without the massive and rapid expansion of reliable, always-on energy, the Artificial Intelligence (AI) age might be doomed to die on the vine. AI marks a paradigm shift for energy demand. Large data centers can consume nearly as much electricity as a midsize city, and generative AI platforms like ChatGPT use at least 10x the energy of a typical Google search. In this presentation, Ben will dive into how much more energy/electricity the US will need – and which companies will profit from helping meet that demand.
Benjamin (Ben) Rains has worked at Zacks as a Stock Strategist for five years, focusing on large-cap technology companies, consumer-facing stocks, and beyond. He studied business management at Indiana University and earned his master's from DePaul University in Chicago a few years later. Mr. Rains currently helms the Marijuana Innovators trading service, searching for the latest strategies to expose investors to the growing legal market in the US and beyond.
