For those new shareholders and those that missed PVDM interview with stocks down under, here’s an excerpt that all governments should wake up to.
Data centers are growing with 20% per annum. And by 2030, if we continue going the way we’re going today, data centers will consume 30% of global electricity by 2030. So Akida can solve that problem because we got not processing [inaudible 00:19:53]. We get processing distributed over many different locations. And those locations can be powered by battery or solar power.So talking about here is the runaway power of AI processing. At the moment, we only have the figure of 2016, which was 416 terawatts. That is about 30% more than the whole United Kingdom. Since 2016, it has been increasing at about 15% to 20%. So today’s estimation of CO2 emissions is something like 600 MegaTons. With the distributed processing where you have Akida in every device, you would be far more energy-efficient and avoid this problem.
BRN Price at posting:
93.5¢ Sentiment: Buy Disclosure: Held
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