Data Centers to Outspend Oil in 2025 Amid AI Boom

[mendez]

A new International Energy Agency report shows global spending on data centers will hit $580 billion this year, surpassing the $540 billion spent on new oil exploration.
With AI adoption accelerating, data centers are poised to become one of the world’s largest energy consumers — potentially straining already stressed electrical grids.
However, experts see a silver lining: many new facilities are turning to solar and other renewables, creating a major opportunity for climate tech startups focused on energy innovation, smarter grid systems, and sustainable infrastructure.

[alex10]

AI investments surpassing oil marks a historic shift in global priorities. ️

[Abdul Khan]

This trend shows how data has become the world’s most valuable commodity.