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AI demand driving up energy costs for everyday Americans, Bloomberg News finds

Name: AI demand driving up energy costs for everyday Americans, Bloomberg News finds
Uploaded: 2025-10-01T16:31:00-0400
Duration: 4 min 42 s
Description: Demand for artificial intelligence and other products means massive data centers are growing in different parts of the U.S. In areas near those centers, a new analysis from Bloomberg News found wholesale electricity costs more than doubled over the past 5 years. Leonardo Nicoletti, investigative data reporter for Bloomberg News, joins CBS News to discuss.

Demand for artificial intelligence and other products means massive data centers are growing in different parts of the U.S. In areas near those centers, a new analysis from Bloomberg News found wholesale electricity costs more than doubled over the past 5 years. Leonardo Nicoletti, investigative data reporter for Bloomberg News, joins CBS News to discuss.