According to Beating Monitoring, during the Berkshire Hathaway shareholders meeting, CEO Abel discussed the development prospects of the energy business segment, pointing out that with the rapid growth of the artificial intelligence industry, the energy sector is迎来 a new growth opportunity. Currently, half of Berkshire’s energy companies have begun to undertake AI-related electricity demand and are continuously tracking industry trends and the practical space for business implementation. Taking Iowa as an example, the company’s utility service scope has significantly expanded, with four super-large data centers built locally, bringing a large number of new electricity customers to the region. Currently, data center electricity use accounts for 8% of the region’s peak load, which is a very high proportion in the utility field; this means that the electricity demand driven by the construction of computing infrastructure still has huge growth potential. The company expects that in the next five years, the proportion of data center electricity use could increase by another 5 to 10 percentage points, and in the long term, it may even reach 50%, at which point it will become the most potential growth curve in the energy business.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Berkshire Hathaway’s Buffett explains for the first time the motivation behind its high cash position
In an interview, Buffett explained that Berkshire Hathaway’s nearly $400 billion in high cash and short-term Treasuries are to maintain liquidity, ready to act once it finds long-term value targets; he has criticized excessive speculation and unpredictable risks, questioned textbook models, and set business principles based on the Golden Rule and “do unto others as you would have them do unto you.” Faced with inflation, he trusts the Federal Reserve’s strategy, and warned about technology risks such as deepfakes, saying the US economy has resilience.
ChainNewsAbmedia46m ago
WisdomTree's Crypto ETPs Report $137M Net Inflows in Q1 2026
According to its Q1 2026 results announcement, WisdomTree's crypto exchange-traded products (ETPs) reported net inflows of $137 million in the first quarter of this year. Total crypto ETP assets under management rose to approximately $1.8 billion during Q1 2026. The firm also launched new crypto ETP
GateNews57m ago
Riot Platforms Shares Jump 8% After Expanding AMD Data Center Deal
Riot Platforms shares rose 8% following an expansion of its data center partnership with AMD, according to market data. The expanded deal and improved financing terms signal the bitcoin miner's strategic shift toward AI and data center services, moving beyond its traditional cryptocurrency mining
GateNews2h ago
Canadian Pension Giant AIMCo Buys Strategy Dip, Now Holding $69 Million Unrealized Gain
AIMCo, Canada's largest pension investment manager, has returned to Michael Saylor's bitcoin treasury company Strategy after years away, now sitting on a $69 million unrealized gain.
GateNews4h ago
Solana Holds $86 as ETF Inflows Tighten Price Range
Key Insights:
Solana recorded five consecutive ETF inflow sessions, pushing cumulative assets above one billion dollars while selective outflows highlighted shifting institutional allocation strategies.
Price action remained supported above short-term averages, while long-term resistance
CryptoNewsLand4h ago
Bitcoin Rises Nearly 3% in 24 Hours, Aims for $80,000 as Stocks Rally
Bitcoin rose nearly 3% over the past 24 hours as equity markets rallied and oil prices declined amid growing optimism over Iran developments.
GateNews4h ago