Curated News
By: NewsRamp Editorial Staff
July 10, 2024
AI's Impact on Power Grid: BEN's Sustainable Solution
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- Amazon.com Inc. is expected to spend more than $150 billion building new data centers to support its AI efforts, gaining a competitive edge in the AI market.
- BEN's ELM technology optimizes language models for specialized tasks, focusing on efficiency and application specialization to reduce power consumption.
- BEN's CPU-friendly and hallucination-averse approach to AI technology brings powerful and impactful AI to the masses, ensuring it can be supported in the long term.
- Training and using AI models requires lots of power, taking a heavy toll on the national infrastructure and the environment, highlighting the urgent need for more efficient AI solutions.
Impact - Why it Matters
The increasing demand for AI technology and its impact on electricity consumption and emissions pose significant challenges for the power grid, national infrastructure, and the environment. Companies like BEN are pioneering sustainable AI solutions to address efficiency, scalability, and security concerns, ensuring the long-term support of AI technology while reducing energy demands and waste.
Summary
Artificial intelligence is driving a surge in electricity demand, posing a threat to the power grid, national infrastructure, and the environment. The demand for data centers and specialized processors is projected to double, with 14% of global emissions coming from the ICT industry by 2040. Companies like Amazon are investing billions to build new data centers, while the U.S. power grid requires significant investment to handle the increasing load. This poses challenges for the transition away from natural gas appliances, EV market expansion, and cybersecurity.
Amidst this, BEN (NASDAQ: BNAI) has developed Efficient Language Models (ELMs) to optimize AI solutions for efficiency, scalability, and security. By focusing on defined application needs and leveraging CPUs over GPUs, BEN's ELMs offer a sustainable alternative to traditional AI models. This innovation is crucial for the long-term support of AI technology while reducing energy demands and waste.
Source Statement
This curated news summary relied on this press release disributed by News Direct. Read the source press release here, AI's Impact on Power Grid: BEN's Sustainable Solution
