A new International Energy Agency report shows global spending on data centers surpassing oil exploration, highlighting the massive power demand of AI-driven facilities. The surge strains electrical grids, especially near large cities, but also opens opportunities for renewable solutions such as solar farms and microgrids built from used EV batteries. Major AI firms like OpenAI, Meta and Anthropic have pledged billions toward new data center projects, while startups focusing on clean energy infrastructure stand to benefit from the shift.
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