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The Race To Power AI Is Reshaping America's Electric Grid
AI data centers are driving unprecedented demand for electricity and putting renewed pressure on America’s power grid to modernize its equipment and develop greener, more efficient sources of power. Google, Meta, Microsoft and Amazon are all spending millions of dollars on local infrastructure upgrades and companies like SpaceXAI are even building off-grid power plants to power their data centers. Google says its planned 780-megawatt data center in Pine Island, Minnesota, could offer a model for powering the AI boom. In a proposed agreement with Xcel Energy, Google says it will support 1,900 megawatts of new wind, solar and battery capacity, while minimum payments and exit fees are intended to protect local ratepayers if demand falls short. CNBC examines whether projects like Pine Island can make the grid cleaner without shifting costs to existing customers, why some energy experts argue that smaller data centers could make better use of infrastructure already in place, and how utiliti
Why Fuel Economy Rollbacks Will Spur More Trucks, More V-8 Engines
Lowered compliance costs, greater control over products, more big engines, more pickup trucks. These are just some of the changes investors expect from the rollback of fuel economy rules and the elimination of fines. Data indicate pent up demand for pickup trucks, and many automakers are bringing back V-8 engines. At the same time, hybrid vehicles are surging, and electric vehicles have longer term structural demand in their favor. Chapters: 0:00 Introduction 01:23 Chapter 1: New rules 03:01 Chapter 2: Why this matters 04:52 Chapter 3: Challenges 06:22 Chapter 4: Fuel efficiency Produced by: Robert Ferris Edited by: Darren Geeter Camera by: Ryan Baker Animation: Jason Reginato, Emily Park Senior Managing Producer: Tala Hadavi Additional footage: Getty Images, Ford, GM » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV serie
America's AI chip talent crisis
U.S. chip manufacturing faces a shortage of up to 157,000 skilled workers by 2030, a matter of concern for companies like Samsung. Schools including Purdue and Arizona State have new semiconductor degree programs, and all the biggest chipmakers are investing millions to create pipelines of U.S. chip talent. CNBC's Katie Tarasov has the details. Watch the related video for full report.