Is Plug Power a Hidden AI Power Play?
The world needs a massive amount of power to support Artificial Intelligence (AI). According to an estimate by Goldman Sachs, AI will fuel a ferocious 165% increase in data center power demand by the end of the decade. That's leading companies to lock up as much electricity supply as they can get their hands on to power their AI ambitions.
Plug Power (NASDAQ: PLUG) believes it can be part of the solution. Here's a look at how the hydrogen company could capitalize on the AI power grab and what might stand in its way.
Image source: Getty Images.
Source Fool.com
