According to a new report from the International Energy Agency (IEA), $580 billion will be spent on AI data centers worldwide in 2025 alone. That's $40 billion more than would be spent on new oil supplies, leading to the conclusion that data centers are the new oil field. But is this a net positive for the environment, or just another type of resource drain?
On TechCrunch's Equity podcast, Kirsten Kolosek, Anthony Ha, and Rebecca Beran dig into what this spending shift means for the energy grid, climate technology, and whether taxpayers should pay for Big Tech's infrastructure ambitions.
Listen to the full episode to hear:
Disclaimer: This podcast was (also) created by humans.
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