Start-up backed by ChatGPT tycoon Altman eyes 'almost zero-cost' power for AI boom

It is estimated that AI will need 650TWh of new power generation by 2030 – comfortably more than the electricity demand of South Korea.

Exowatt CEO Hannan Parvizian previously worked at Tesla, Siemens and GE.
Exowatt CEO Hannan Parvizian previously worked at Tesla, Siemens and GE.Photo: Exowatt
Published 21 May 2024, 08:26Updated 21 May 2024, 15:16