Latest News and Articles about AI data centers

DAMAC Group to Tokenize $1B Assets with MANTRA in 2025: A Blockchain Revolution

11 January 2025 Daily Feed AI data centers, DAMAC Group, MANTRA, Tokenization

UAE’s DAMAC Group Set to Tokenize $1 Billion in Assets with MANTRA DAMAC Group, a UAE-based conglomerate, is set to tokenize $1 billion worth of its assets in a groundbreaking move that leverages blockchain technology to enhance asset management. This initiative, planned for early 2025 in partnership with MANTRA, a UAE-based blockchain platform, aims to […]

AI Data Centers Threaten Global Energy Stability, Warns Schneider Electric Study

4 January 2025 Daily Feed AI data centers, energy consumption, Schneider Electric, sustainable AI

Data Centers Will Eat the Grid, Warns Schneider Electric in a Study Schneider Electric’s recent study warns that the rising energy demands of AI data centers could strain global electricity grids, potentially leading to widespread power shortages. AI data centers threaten global energy stability. Four scenarios for AI energy consumption: Sustainable AI, Limits to Growth, […]