Data centers don’t just consume a lot of energy — they’re incredibly expensive, too. A GPU server node can cost up to $300,000, as Nikolaj Coster-Waldau learns when visiting a humming data center. Watch the full episode of An Optimist’s Guide to the Planet bloom.bg/46uMfC2 -------- Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_confirmation=1 Get unlimited access to Bloomberg.com for just $1.99 your first month: https://www.bloomberg.com/subscriptions?in_source=YoutubeOriginals Bloomberg O ...

Data centers don’t just consume a lot of energy — they’re incredibly expensive, too.A GPU server node can cost up to $300,000, as @nikolajcw learns when visiting a humming data center.Watch the full episode of An Optimist’s Guide to the Planet https://t.co/DasvZzLsFm https://t.co/khiOxOxdbU ...

When we think of “the cloud,” we picture something virtual, but it’s actually thousands of servers and cables that need massive amounts of energy to stay cool.@nikolajcw visits a data center that needs as much energy as a small city.Watch An Optimist’s Guide to the Planet https://t.co/2ZAufNTN4u ...

COMMENT: Reports say illegal miners drain over 1,400 megawatts of power nonstop — enough to supply millions of homes.BSCN (@BSCNews):OVER 95% OF CRYPTO MINING MACHINES IN IRAN ARE ILLEGAL - REPORT- Officials estimate that over 95% of Iran’s 427,000 active mining rigs are running without government approval, according to Wanaen.- Akbar Hasan Beklou, CEO of Tehran Province Electricity Distribution Company, https://t.co/RNVkdNqiS5 ...

OVER 95% OF CRYPTO MINING MACHINES IN IRAN ARE ILLEGAL - REPORT- Officials estimate that over 95% of Iran’s 427,000 active mining rigs are running without government approval, according to Wanaen.- Akbar Hasan Beklou, CEO of Tehran Province Electricity Distribution Company, said the situation has turned Iran into a “paradise for illegal miners.”- Subsidized electricity prices have made mining highly profitable — but at a huge cost to the national grid.- Per reports, unauthorized miners consume more than 1,4 ...

Core Insights - The demand for data center infrastructure is robust, with no signs of overbuilding despite significant growth in server networking business, which grew 58% last year and 69% last quarter [5][7] - Dell Technologies has increased its annual revenue target by 4-5 percentage points, indicating strong confidence in long-term revenue growth prospects for its AI servers and traditional servers [6][7] - The company has doubled its earnings per share (EPS) target to over 15% annually, reflecting a solid business performance and commitment to returning at least 80% of adjusted free cash flow to shareholders [8][9] Demand and Infrastructure - There is a substantial increase in demand for computing power driven by advancements in AI, particularly with large language models and multimodal systems [4][12] - Energy availability is a critical constraint for data center operations, with many customers unable to proceed with infrastructure deployment due to power limitations [11][13][14] - Dell Technologies is focused on optimizing energy consumption through innovative cooling solutions, which is essential given the rising energy costs and demand for computing power [10][11] Market Position and Strategy - The company is positioned to benefit from the growing adoption of AI technologies across various sectors, including tier 2 cloud service providers and enterprise customers [12][18] - Dell Technologies emphasizes its role in providing foundational computing power and infrastructure necessary for AI applications, rather than directly engaging in consumer-facing AI products [17][18] - The company anticipates creating more data in the next few years than ever before, highlighting the importance of its infrastructure in managing and utilizing this data effectively [18][19]

AI and Compute Industry - The industry anticipates a significant competition in the AI and compute sectors [1] - AI technologies like chat GPTs and others are major energy consumers [2] Cryptocurrency Market - Bitcoin recently reached an all-time high [3] - Bitcoin mining is a significant consumer of energy [2] Energy Consumption - The report will analyze the energy consumption of AI and Bitcoin mining [2]

AI and Energy Consumption - AI boom is causing consumers' power bills to soar [1] - AI needs a staggering amount of energy [1] Investigation Focus - Bloomberg's investigation focuses on how the AI boom is sending consumers' power bills soaring [1]

Oil Market Dynamics - Oil demand seems to be vanishing, with uncertainty about its destination [1] - Oil prices are relatively low compared to historical levels, even when compared to gas prices [2] - Low oil prices could lead to a tightening of the oil market [2] - Oil constitutes about a third of the energy consumed [2] Pricing and Historical Context - Oil averaged $60 per barrel in 2009 [1] - Oil prices in 2009, adjusted for inflation, were relatively low [1] - Oil averaged $60 per barrel in 2006 [1] Potential Future Scenarios - Low oil prices could lead to a resurgence in oil usage for power generation, especially in a world craving electrons [2]

AI Impact on Energy Consumption - AI发展需要惊人的能源消耗 [1] - AI的繁荣可能导致消费者电费飙升 [1] Investigation Focus - 调查关注AI发展对消费者电费的影响 [1]