In a virtual speech at the World Economic Forum in Davos, U.S. President Donald Trump announced plans to speed up the approval process for AI companies wanting to build power plants for their data centers in the U.S. This initiative aims to meet the growing energy needs of AI systems and keep the U.S. competitive with China in technology.
Trump’s plan involves constructing new power plants next to data centers, making them self-sufficient rather than dependent on the national power grid. Major energy firms like Chevron and Exxon are already looking into ways to meet the increasing energy demands of the tech industry. Currently, data centers consume as much energy as small cities, and the rise of AI is expected to drive this demand even higher.
The President emphasized the need for sufficient power to support the AI boom, especially as competition with China grows. His proposal includes a national energy emergency declaration to simplify the construction of fossil-fuel-powered plants that would directly supply energy to AI data centers. This would reduce the long approval times usually required for building new power plants, allowing AI companies to expand more quickly.
Trump pointed out that the U.S. needs to double its current energy capacity to fully realize the potential of AI and maintain its leadership in the global tech landscape. He stressed the importance of connecting power plants directly to data centers instead of relying on the outdated power grid, saying, “You don’t have to hook into the grid, which is old and could be taken out.”
Overall, Trump’s proposal aims to ensure that AI companies have the energy resources to grow rapidly. As AI becomes increasingly vital to the economy, a reliable energy supply will be essential for the U.S. to stay ahead in the global AI race.
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