Cathie Wood's Ark Invest: AI Growth Will Thrive Despite Energy Bottlenecks ⚡

ARK Invest predicts that AI data centers will continue to expand and remain profitable, even amid energy supply challenges. Companies may also shift towards off-grid solutions to sustain AI development.

Cathie Wood's Ark Invest: AI Growth Will Thrive Despite Energy Bottlenecks ⚡
Benzinga
3.7K views • Nov 14, 2024
Cathie Wood's Ark Invest: AI Growth Will Thrive Despite Energy Bottlenecks ⚡

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In a blog post on Wednesday, Cathie Wood-led ARK Invest has projected that the growth and profitability of AI data centers will remain strong, despite increasing power demand and costs.

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Nov 14, 2024

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