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Why two-thirds of AI data center power demand may never actually materialize

Canaccord Genuity managing director George Gianarikas said that two-thirds of projected AI data center power demand may never materialize, citing inefficiencies and overestimation in current forecasts. The statement challenges the widely cited electricity consumption projections for AI infrastructure.

read1 min views1 publishedAug 13, 2026
Why two-thirds of AI data center power demand may never actually materialize
Image: Ca (auto-discovered)

Why two-thirds of AI data center power demand may never actually materialize Yahoo Finance Video and Julie Hyman Thu, August 13, 2026 at 6:49 p.m. GMT+2 Canaccord Genuity managing director George Gianarikas shares his thoughts on the future of AI data center electricity demand. Terms and Privacy Policy EU DSA Contact Privacy & Cookie Settings

source & further reading
ca.finance.yahoo.com — original article OpenAI Hires New Chief Revenue Officer After Less Than a Year AMD to Raise as Much as $5 Billion From Debt Offering Google becomes latest company to raise prices thanks to memory shortage
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