Analytics

DeepSeek Reveals How Badly Energy Industry Needs AI for Growth

Bloomberg reports that from pipelines to reactors, companies bank on data center boom, but DeepSeek’s more efficient model threatens growth forecasts.
DeepSeek Reveals How Badly Energy Industry Needs AI for Growth
In one brutal blow, DeepSeek has revealed just how many energy-related businesses in the US have been banking on an artificial intelligence boom — and the surge in power demand it was supposed to bring. For the past year, their growth expectations and share prices were boosted by the belief that AI would require an unprecedented wave of data center... ...

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