🔥🎁 Global Trade War Threatens AI Sector Growth 🔥🎁
1️⃣ IEA Warns of Trade Tensions Impacting AI Development
The International Energy Agency (IEA) has cautioned that escalating global trade disputes, marked by increased tariffs and slowed economic growth, could hinder the burgeoning artificial intelligence (AI) sector. The U.S., China, and the EU are projected to drive 80% of data center demand by 2030, primarily due to AI applications. However, trade conflicts may reduce electricity consumption by data centers from a projected 945 TWh to 670 TWh, indicating a significant slowdown in AI infrastructure expansion. Reuters
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