Trying to stake a stagnant asset to one with limitless potential upside, should help the stock value, at least short term.
It created a feedback loop where datacenters increase both energy consumption and energy production. "AI" is just the current upshot. Energy use is exploding and its being fed by an exploding increase in oil production enabled by the very computer clusters that consume most of the excess production.
The global warming death spiral has begun. Brace for impact.
russianGuy83829•1mo ago