Elon Musk said in April that while the development of artificial intelligence (AI) had been “chip constrained” last year, the latest bottleneck was “electricity supply.” Those comments are in agreement with those from the Amazon (AMZN) CEO Andy Jassy earlier this year. He said there was “not enough energy right now” to run new generative AI services.
At the World Economic Forum in January, Sam Altman of OpenAI said: “We do need way more energy in the world than we thought we needed before. We still don’t appreciate the energy needs of this technology.”
