The Invisible Energy Crisis Threatening to Derail the AI Boom
AI Summary
The anticipated AI industry growth assumes sufficient electricity supply, but power availability is at risk. Bitzero secured over a gigawatt of low-cost power in Norway, Finland, and North Dakota ahead of increased demand, positioning itself favorably in the energy-constrained landscape.
Every AI boom forecast being published right now β every bull case, Big Tech earnings call, and valuation model β seems to be making the same assumption. The electricity will be there to power it when they need it. It wonβt. Bitzero (NASDAQ: AIBZ) spent the last four years betting against that assumption. The company locked in more than a gigawatt of low-cost power across Norway, Finland, and North Dakota, well before the rest of the industry started fighting over every available megawatt. The company is already cash flow positive,β¦