economy

National Grid taps into US AI power boom

The UK utility company is investing $1.75bn in a developer focused on supplying power to data centres

National Grid taps into US AI power boom

TL;DR

  • National Grid is investing $1.75 billion.
  • The investment is in a US developer.
  • The developer focuses on supplying power to data centers.
  • This investment is linked to the growing demand from the AI sector.