For the past two years, the narrative surrounding the artificial intelligence (AI) boom has focused almost exclusively on silicon chips. Investors have watched closely as tech-sector giants have purchased billions of dollars' worth of processors to build out their data centers.
However, a new bottleneck has emerged that is arguably more difficult to solve than chip shortages: electricity. As AI models evolve from simple chatbots into agentic systems that operate continuously, they will require more power than the current U.S. electrical grid can support.
