Microcap KALiNA Power (ASX:KPO) has inked an MOU with a “substantial, well capitalised US-based data centre developer” to look at using natural gas – and carbon capture – to power data centres. The carbon capture element taps into a current concern growing among industry-watchers. For our current “AI” models to work, they require huge amounts of electricity running through power-hungry hardware. Traders familiar with the more esoteric end of Australia’s energy explorers may recognise more than one company has previously used gas-fired power to sustain crypto mining operations, another power-in…
