So so much energy that our grid isn't ready. So as AI scales up, it will require upgrades to our electrical grid. Really expensive upgrades. Private equity is trying to buy up the utility companies that will be responsible for making those upgrades [to the electrical grid]. Why? Because they want to own utilities so they can push the cost of upgrading the grid for those data centers onto you, the consumer. (01:34–01:42)
CLAIM
Asserts that private equity is attempting to purchase utility companies responsible for grid upgrades.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
