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The AI revolution has a power problem

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In the race for AI dominance, American tech giants have the money and the chips, but their ambitions have hit a new obstacle: electric power.

“The biggest issue we are now having is not a compute glut, but it’s the power and…the ability to get the builds done fast enough close to power,” Microsoft CEO Satya Nadella acknowledged on a recent podcast with OpenAI chief Sam Altman.

“So if you can’t do that, you may actually have a bunch of chips sitting in inventory that I can’t plug in,” Nadella added.

Echoing the 1990s dotcom frenzy to build internet…

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