The $7 Trillion AI Boom Is Turning Into The Energy Trade of the Century
Australian Gas Exploration Surges as Energy Security Takes Center Stage Russia’s worsening gasoline shortage has… You might think thatShark Tank’s“Mr.
Wonderful,” Kevin O’Leary, is betting it all on AI, but he is not.
He is betting on the $5+ trillion in infrastructure required to run it, and that’s where big capital is flowing now.
And he’s betting onBitzero(NASDAQ: AIBZ) to be one of the first to break AI’s biggest chokepoint: power.
Bitzero was looking further ahead while most of the rest of the market was narrowly focused on AI software and semiconductors.
As a result, onMay 5th, Bitzero signed a binding letter for a 15-year lease deal for AI power as it makes its first official leap from low-carbon bitcoin mining to being a power provider for a $5-trillion data-center industry that is desperate for cheap electricity.
This Canadian cryptominer-turned-energy-provider for AI has already secured more than a gigawatt of low-cost power across Norway, Finland, and the United States, as the money moves into the assets that AI can’t run without.
Amazonalone projects $200 billion in 2026 capital spending, with most of it tied to data centers.Microsoftis expected to be around $190 billion.Alphabetis also projected near $190 billion, andMetahas laid out a $600 billion U.S.
Current estimates now put combined 2026 capex for Amazon, Microsoft, Alphabet, and Meta as high as $725 billion, driven largely by AI data centers, chips, power, and long-lived infrastructure.
McKinsey estimates another$5.2 trillionwill be deployed into AI infrastructure this decade.
That capital is funding land, power, facilities, substations, and equipment before AI capacity can operate.
Source:Oilprice.com; Reuters; McKinsey & Company; Amazon, Meta, Microsoft, Alphabet Q3 earnings.
| Product | Price | Change |
|---|---|---|
| Brent Crude | $102.14/bbl | +0.34% |
| WTI Crude | $96.90/bbl | +0.21% |
| EN590 Diesel | $846/MT | +0.18% |
| Jet Fuel A-1 | $1090/MT | +0.55% |
| Mazut M100 | $450/MT | -0.15% |
| Bitumen 60/70 | $470/MT | +0.08% |
| Sulphur Gran 99.5% | $470/MT | -0.44% |
| Urea 46% Gran | $650/MT | +1.12% |
| NPK 16-16-16 | $460/MT | -0.28% |
| Nat Gas TTF | $15.42/MMBtu | +0.92% |
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