US AI companies face power pressure, driving up operating costs
Jinse Finance reported that Benjamin Melman, Chief Investment Officer at asset management company Edmond de Rothschild, pointed out that American artificial intelligence companies are facing fierce competition in terms of electricity costs. He stated that the current electricity production capacity in the United States is insufficient to meet the ever-growing demand from AI companies, and electricity prices are significantly higher compared to other countries. "There is fierce competition regarding electricity costs in the United States, which will drive up the operating costs of AI."
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