Two of the US biggest utilities said that their data center customers are proceeding “full speed ahead” even after Chinese artificial intelligence company DeepSeek threw questions over the future for power-demand growth.
Analysts asked executives from Duke Energy Corp. and American Electric Power whether the DeepSeek news last month had slowed the massive demands for electricity the companies are receiving from data center developers.
Harry Sideris, Duke’s incoming chief executive officer, said: “In our discussions with the hyper scalers, they anticipated efficiency gains so DeepSeek was not a surprise to them.” He added that technology companies were looking into …