{"id":68318,"date":"2024-05-23T10:40:04","date_gmt":"2024-05-23T15:40:04","guid":{"rendered":"https:\/\/olduvai.ca\/?p=68318"},"modified":"2024-05-23T10:40:04","modified_gmt":"2024-05-23T15:40:04","slug":"jpm-predicts-global-ai-data-centers-will-consume-681-olympic-sized-pools-of-fresh-water-daily","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=68318","title":{"rendered":"JPM Predicts Global AI Data Centers Will Consume 681 Olympic-Sized Pools Of Fresh Water Daily"},"content":{"rendered":"<header class=\"ArticleFull_header__z0vIZ\">\n<h3 class=\"ArticleFull_title__FDrpw\"><a href=\"https:\/\/www.zerohedge.com\/commodities\/jpm-predicts-global-ai-data-centers-will-consume-681-olympic-sized-pools-fresh-water\">JPM Predicts Global AI Data Centers Will Consume 681 Olympic-Sized Pools Of Fresh Water Daily<\/a><\/h3>\n<\/header>\n<div class=\"NodeContent_mainContent__2jyAd\">\n<div class=\"NodeContent_body__HBEFs NodeBody_container__eeFKv\">\n<p>Wall Street banks are in a\u00a0frenzy over\u00a0<em>&#8220;The Next AI Trade,&#8221;\u00a0<\/em>piling into the &#8216;Powering up America&#8217; investment themes, whether that&#8217;s power grid companies,\u00a0commodities, such as copper, gold, silver, and uranium, and artificial intelligence chipmakers,\u00a0to accommodate the explosion of generative artificial intelligence data centers anticipated nationwide through the end of the decade and beyond.<\/p>\n<p>JPMorgan&#8217;s Asia Pacific Equity Research desk is the latest bank to jump on AI trade in a note titled\u00a0<em>&#8220;Deep Dive into Power, Cooling, Electric Grid and ESG implications.&#8221;\u00a0<\/em><\/p>\n<p><a href=\"https:\/\/www.zerohedge.com\/s3\/files\/inline-images\/2024-05-22_13-46-51.png?itok=QkSkT8To\" data-image-external-href=\"\" data-image-href=\"\/s3\/files\/inline-images\/2024-05-22_13-46-51.png?itok=QkSkT8To\" data-link-option=\"0\"><picture><img loading=\"lazy\" decoding=\"async\" class=\"inline-images image-style-inline-images\" src=\"https:\/\/assets.zerohedge.com\/s3fs-public\/inline-images\/2024-05-22_13-46-51.png?itok=QkSkT8To\" alt=\"\" width=\"500\" height=\"198\" data-entity-type=\"file\" data-entity-uuid=\"13e65556-bc94-432a-8ce2-1e083e0595df\" data-responsive-image-style=\"inline_images\" \/><\/picture><\/a><\/p>\n<p>Focusing on AI data center power consumption is too repetitive at this point, considering we&#8217;ve laid it all out on a silver platter for premium ZH subs in the\u00a0<em><a href=\"https:\/\/www.zerohedge.com\/markets\/next-ai-trade\">&#8220;The Next AI Trade&#8221;<\/a><\/em>\u00a0and<em><a href=\"https:\/\/www.zerohedge.com\/markets\/everyone-piling-next-ai-trade\">\u00a0&#8220;The Next AI Trade Just Hit An All-Time High.&#8221;\u00a0<\/a><\/em><\/p>\n<p>As well as this real-world example&#8230;<\/p>\n<ul>\n<li><em><a href=\"https:\/\/www.zerohedge.com\/markets\/goldman-finds-commerical-power-demand-virginia-explodes-higher-next-ai-trade-surges-higher\">Goldman Finds Commercial Power Demand In Virginia Explodes Higher As &#8216;Next AI Trade&#8217; Soars<\/a><\/em><\/li>\n<\/ul>\n<p>Even\u00a0Blackstone Chief Executive Officer Steve Schwarzman and\u00a0<a href=\"https:\/\/www.zerohedge.com\/commodities\/blackrocks-larry-fink-jumps-next-ai-trade-warning-world-will-be-short-power\">BlackRock Chairman and Chief Executive Larry Fink\u00a0<\/a>have jumped onto the power grid and AI investment theme as there is plenty of upside in the years ahead &#8211; unless AI demand doesn&#8217;t shit the bed.<\/p>\n<p>Back to JPM&#8217;s note, authored by analyst William Yang and his team, which near the end explained,\u00a0<strong>&#8220;While data centers have been scrutinized for heavy electricity use, the\u00a0water intensive\u00a0nature of their operations has\u00a0been comparatively overlooked.&#8221;\u00a0<\/strong><\/p>\n<p>Citing data from\u00a0Bluefield Research,\u00a0Yang said\u00a0total water consumption by global data centers (including on-site cooling and off-site power generation) has grown 6% annually from 2017 to 2022.\u00a0He said\u00a0by\u00a0<strong>2030,\u00a0water consumption could jump to 450 million gallons per day<\/strong>.\u00a0To put this in perspective,\u00a0that&#8217;s\u00a0<strong>681 Olympic-sized\u00a0pools<\/strong>\u00a0of fresh water\u00a0that\u00a0will be needed each day to cool global data centers in about 4.5 years.<\/p>\n<p><a href=\"https:\/\/www.zerohedge.com\/s3\/files\/inline-images\/2024-05-22_14-23-36.png?itok=WolsExMS\" data-image-external-href=\"\" data-image-href=\"\/s3\/files\/inline-images\/2024-05-22_14-23-36.png?itok=WolsExMS\" data-link-option=\"0\"><picture><img loading=\"lazy\" decoding=\"async\" class=\"inline-images image-style-inline-images\" src=\"https:\/\/assets.zerohedge.com\/s3fs-public\/inline-images\/2024-05-22_14-23-36.png?itok=WolsExMS\" alt=\"\" width=\"500\" height=\"172\" data-entity-type=\"file\" data-entity-uuid=\"0aa48f73-20b4-45d2-86c3-8db8c4daac46\" data-responsive-image-style=\"inline_images\" \/><\/picture><\/a><\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>JPM Predicts Global AI Data Centers Will Consume 681 Olympic-Sized Pools Of Fresh Water Daily Wall Street banks are in a\u00a0frenzy over\u00a0&#8220;The Next AI Trade,&#8221;\u00a0piling into the &#8216;Powering up America&#8217; investment themes, whether that&#8217;s power grid companies,\u00a0commodities, such as copper, gold, silver, and uranium, and artificial intelligence chipmakers,\u00a0to accommodate the explosion of generative artificial intelligence [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[13681,15210,34627,866,4318],"class_list":["post-68318","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-ai","tag-artificial-intelligence","tag-date-centres","tag-water","tag-zerohedge"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/68318","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=68318"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/68318\/revisions"}],"predecessor-version":[{"id":68319,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/68318\/revisions\/68319"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=68318"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=68318"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=68318"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}