Business & Finance
KKR’s Agrawal Says Market May Be Underestimating AI Power Needs
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Investing KKR’s Agrawal Says Market May Be Underestimating AI Power Needs AI’s furious pace of growth means power demands could be much higher than people realize, according to KKR & Co.’s Raj Agrawal. “The average iPhone user today uses about 500 times more data than the average BlackBerry user used,” Agrawal, KKR’s head of real assets, said Wednesday at a financial conference hosted by Morgan Stanley. “We are so early in how we are using AI as companies.
Investing
KKR’s Agrawal Says Market May Be Underestimating AI Power Needs
AI’s furious pace of growth means power demands could be much higher than people realize, according to KKR & Co.’s Raj Agrawal.
“The average iPhone user today uses about 500 times more data than the average BlackBerry user used,” Agrawal, KKR’s head of real assets, said Wednesday at a financial conference hosted by Morgan Stanley. “We are so early in how we are using AI as companies. We are so early in how we’re using AI as individuals.”