AI Breakthroughs to Slash Energy Needs, Temasek Says

Skip to Content News Archives Economy Energy Oil & Gas Renewables Electric Vehicles Mining Commodities Agriculture Real Estate Mortgages Mortgage Rates Finance Banking Insurance Fintech Cryptocurrency Work Wealth Smart Money Wealth Management Investor Personal Finance Family Finance Retirement Taxes High Net Worth FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials More Innovation Information Technology FP500 Podcasts Small Business Lives Told Tails Told Shopping Financial Post Store Obituaries Place a Notice Advertising Advertising With Us Advertising Solutions Postmedia Ad Manager Sponsorship Requests Classifieds Place a Classifieds ad Working Profile Settings My Subscriptions Saved Articles My Offers Newsletters Customer Service FAQ News Economy Energy Mining Real Estate Finance Work Wealth Investor FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials This advertisement has not loaded yet, but your article continues below.HomePMN BusinessAI Breakthroughs to Slash Energy Needs, Temasek SaysAdvances in artificial intelligence could dramatically alter the energy demands from a sector that’s pressuring global electricity grids, according to Temasek Holdings Pte., Singapore’s state-owned investor.Author of the article: You can save this article by registering for free here. Or sign-in if you have an account.(Bloomberg) — Advances in artificial intelligence could dramatically alter the energy demands from a sector that’s pressuring global electricity grids, according to Temasek Holdings Pte., Singapore’s state-owned investor.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountAdoption of more efficient AI architecture, along with improved innovation in materials discovery and better chipmaking have potential to deliver an industry with a much lower impact, said Russell Tham, head of emerging technologies at Temasek Global Investments.“You may see the energy equation for generating AI tokens change quite drastically,” Tham said at the Bloomberg Sustainable Business Summit in Singapore on Tuesday. The existing generation of AI “as amazing as it is, as rapid as the progress is, is fundamentally an inefficient AI architecture,” he said.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againTemasek said earlier this year that it was unlikely to meet its goal of halving the carbon emissions attributed to its portfolio from 2010 levels by 2030, partly due to artificial intelligence’s rising demand for energy.Grid constraints and ballooning electricity prices are prompting data center operators to explore new ways to power their facilities. At current pace, data centers in the US will account for about 20% of the nation’s electricity consumption in 2035, up from 5.9% today, according to BloombergNEF.Firms like UK-based CuspAI, backed by investors including Temasek and Bezos Expeditions, are seeking to improve production of semiconductors, potentially by reducing or eliminate the use of some rare metals.“We’ve invested in very novel material and chip architecture that is vastly more energy efficient,” Tham said. “We’ve invested in new AI model architectures — yet to be proven — that are vastly more energy efficient.”—With assistance from Rebecca Choong Wilkins.(Corrects quote in third paragraph.)This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.