AI boom: Demand for data centers drives innovation by energy, tech industries to produce new power sources
The demand for data centers is driving innovation in the energy and technology sectors to develop new power sources. Companies are investing heavily in infrastructure to meet the increasing energy needs associated with artificial intelligence. Exelon and Commonwealth Fusion Systems are among the key players exploring solutions to address these challenges.
- ▪Data centers are projected to become the world's fifth-largest energy consumer, surpassing the energy usage of Japan and Russia.
- ▪Exelon CEO Calvin Butler announced a $1.1 trillion investment in infrastructure over the next five years to meet energy demands.
- ▪Commonwealth Fusion Systems is developing fusion technology to provide a reliable, carbon-free electricity source for the grid.
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Special Report AI boom: Demand for data centers drives innovation by energy, tech industries to produce new power sources Companies looking to new sources and construction locations to manage energy shortfalls By Bret Baier , Amy Munneke Fox News Published June 4, 2026 6:52pm EDT Facebook Twitter Threads Flipboard Comments Print Email Add Fox News on Google close Video AI data center demand drives innovation across energy, tech companies ‘Special Report’ anchor Bret Baier reports on how energy and technology companies are addressing energy concerns amid a demand for artificial intelligence. Energy experts acknowledge the need for additional power sources, and they’re turning to new technology and infrastructure to address the demand.
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