Power Generation
AI
Energy
The Gigawatt Bottleneck: Power Constraints Now Define AI Scaling
US data centers consume 4.4% of national electricity today; projections show 6.7-12% by 2028, creating a hard constraint on AI ambitions and fragmenting competitive advantage toward nations with spare grid capacity.
AI
Markets
Private Capital Targets AI Infrastructure as Power Bottleneck Becomes Primary Investment Thesis
Ares Management and Stonepeak Partners lead institutional shift into energy and data center connectivity, betting on 3-5 year buildout timeline as electricity constraints reshape asset allocation.