Texas Hold ’em (Back)? OpenAI’s $150B+ Data Center Signals Huge Energy Mess

OpenAI plans to raise billions to establish a data center in Abilene, Texas, as the U.S. energy grid struggles to meet the growing power demands of AI companies. Valued at over $150 billion, OpenAI’s move highlights a forecast predicting AI’s energy consumption will surpass Japan’s annual usage within two years. The profitability of data centers and the escalating need for energy investments in nuclear and renewable sources indicate a significant trend toward long-term financing in the AI industry.