The rising tide of artificial intelligence (AI) is providing a lift to various sectors, from semiconductors to data centers. Moreover, with adoption of the technology across multiple industries forecast to increase, AI is here to stay – and AI applications require a lot of energy. For instance, this report by Goldman Sachs expects data center power demand to soar by 160% by 2030. Put differently, this study by the World Economic Forum suggests that by 2028, AI could be using more power than the entire country of Iceland used in 2021. AI’s massive power draw has raised concerns over a potential…