TLDR:
Investors, including Sam Altman, are putting $20 million into the AI data center energy startup Exowatt, which aims to address the massive electricity consumption of AI with solar power modules. The company plans to offer electricity for as low as one cent per kilowatt-hour and hopes to deliver its modules later this year. Tech and climate leaders have highlighted the need for the industry to address AI’s energy consumption in order to continue advancements in the field.
Sam Altman and others are investing $20 million in a startup tackling AI’s energy problem
An energy startup, Exowatt, is receiving funding to address AI’s significant energy consumption
- Solar-powered modules to supply AI data centers
- Investment from Sam Altman and Andreessen Horowitz among other investors
- Goal to provide electricity for as low as one cent per kilowatt-hour
- Focus on U.S.-made components to avoid Chinese parts and qualify for subsidies
- Eyes on reducing electricity consumption in the AI industry
Exowatt is developing modules that store energy as heat and produce electricity for AI data centers via solar power. The company plans to use U.S.-made components to avoid Chinese parts and hopes to offer electricity for as low as one cent per kilowatt-hour. Tech and climate leaders stress the importance of addressing AI’s electricity consumption to continue advancements in the field.
