There is a concern in some states already where there is a real effort to bring AI and AI data centers into these states that the end result is actually driving up the cost of energy for the ordinary American. So it is a balance but ultimately AI done correctly and that's what our whole thing bring common sense bring data. We're not we're not this crazy alarmist band but we can deliver AI and stop the rise in electricity prices.It takes some time because we've been digging a hole, make it very hard to produ ...

Okay. Stargate. Stargate.Yes. Stargate. The massive A1 infra AI infrastructure effort by OpenAI, Oracle, SoftBank, and others announcing plans to open five new data centers which will eventually have 7 gawatts of power capacity.What is that about 8 million homes. No, actually 6 million homes. Uh joining us now first on CNBC, another tech partner to the Stargate Venture, ARM CEO Renee Hos joins us from London.Renee, how great to see you on the show. Uh good morning, good afternoon, Jim. All right.So, now I'm ...

RT Brody Ford (@BrodyFord_)Oracle is set to spend hundreds of billions on data centers, chips, and power. It has to figure out where that cash comes from. $orcl https://t.co/nhO4UOcsf5 ...

RT Brody Ford (@BrodyFord_)scoop: Oracle is looking to borrow $15 billion dollars as it spends big on data centers for OpenAI. $ORCL w/ @Ethansteinberg0 https://t.co/DECTOBmPKc ...

Nvidia Corp. (NASDAQ: NVDA) invests in a company that will spend the money on data centers. ...

All right. So, I'm going to bring you behind our closed doors just for a minute. George, we were talking a lot here at CNBC about uh is there enough energy here in the US to power just the massive scale of data centers that we keep hearing these related to these announcements. Uh currently today and the trajectory that we're on, is there enough power right now just in the existing grid.The short answer is no. And we've written a series of notes called Something's Got to Give where we voice significant conce ...

Just a minute. We want to go back to tech. Nvidia coming off its best day since July after announcing plans to invest up to $100 billion in Open AI as part of the data center buildout. Our Mackenzie Sagalas just caught up with OpenAI's CFO and joins us now with more Mac >> Frank. I'm here in Abalene, Texas at the epicenter of OpenAI's ambitious Stargate project. CFO Sarah Frier telling me in an exclusive interview a short time ago that the bottleneck, it's not money, it is power. OpenAI has reviewed upwards ...

Meanwhile, let's stick with the AI boom. Our next guest is out with a new report projecting demand for AI compute power will eventually require $2 trillion in annual revenue. Annual revenue by 2030, a number he says the world is currently far short of.Joining us this morning, David Crawford, chairman of Bane and Company's global tech practice. Big report out today that's definitely worth reading. David, thanks for the time.Good to see you. >> I see you. Can you walk viewers through some of these expectation ...

Joining us here at Post 9 this morning is Verdives executive chair David Cody. Also former CEO at Honeywell and executive chairman at Compost Secure, which is why you're in the building. Dave, good to have you. >> Yeah, thank you. Nice to be here. It's always fun. We rang the bell today for Compost Secure. We put our listing on the New York Stock Exchange. Marvelous business. It's one of those way uh underestimated value type businesses. We make metal credit cards, which sounds like a simple thing like that ...

Futures calm this morning following a new highs for the Dow, S&P, and NASDAQ. Joining us right now is Stephanie Link, chief investment strategist at High Totower and a CNBC contributor. Okay, so here we are.We we're on the on the back of this big Nvidia news. A lot of people excited about that. I don't know.I'm actually curious before we even get into everything. How excited or not are you about that news. Oh, it's it's transformational.I mean, and this is incremental 350 to400 billion dollars for Nvidia ov ...