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AXIOS (Katie Fehrenbacher) - Off-grid data centers aren't the panacea that some AI firms hoped

Local backlash and reliability concerns are challenging the vision of an AI boom built quickly using large off-grid data centers. Why it matters: If giant projects stumble, trillions of dollars in AI investment and the industry's plans to rapidly expand data centers could be at risk. The big picture: In an effort to speed AI development, some companies are building data centers powered mainly by onsite generation rather than waiting years to connect to the electric grid. - There are 59 data centers with a combined capacity of about 90 gigawatts that plan to build their own power "behind-the-meter" using sources like gas turbines, generators and fuel cells, according to a report from research firm Cleanview. - A smaller subset is trying…

Local backlash and reliability concerns are challenging the vision of an AI boom built quickly using large off-grid data centers. Why it matters: If giant projects stumble, trillions of dollars in AI investment and the industry's plans to rapidly expand data centers could be at risk. The big picture: In an effort to speed AI development, some companies are building data centers powered mainly by onsite generation rather than waiting years to connect to the electric grid. - There are 59 data centers with a combined capacity of about 90 gigawatts that plan to build their own power "behind-the-meter" using sources like gas turbines, generators and fuel cells, according to a report from research firm Cleanview. - A smaller subset is trying…Open

AXIOS (Amy Harder) - How this energy company became the poster child for the AI boom

Meet the unlikely poster child for the AI boom and its insatiable energy demand. Why it matters: Bloom Energy, long seen as a niche energy player, can deliver on-site power far faster than traditional options — a critical edge as data centers race to secure electricity. Driving the news: Over the past year, Bloom Energy's stock has surged more than 400%, outpacing even AI bellwethers like Nvidia. State of play: Bloom Energy makes shipping container-sized fuel cell units that generate power with natural gas through a chemical reaction instead of combustion. - It has signed major deals with key players across the AI and energy landscape over the last year and a half. They include Oracle, utility AEP and Brookfield, a leading financier…

Meet the unlikely poster child for the AI boom and its insatiable energy demand. Why it matters: Bloom Energy, long seen as a niche energy player, can deliver on-site power far faster than traditional options — a critical edge as data centers race to secure electricity. Driving the news: Over the past year, Bloom Energy's stock has surged more than 400%, outpacing even AI bellwethers like Nvidia. State of play: Bloom Energy makes shipping container-sized fuel cell units that generate power with natural gas through a chemical reaction instead of combustion. - It has signed major deals with key players across the AI and energy landscape over the last year and a half. They include Oracle, utility AEP and Brookfield, a leading financier…Open