We recently compiled a list of the Top 10 Trending AI Stocks on Latest News and Ratings. In this article, we are going to take a look at where Kyndryl Holdings, Inc. (NYSE:KD) stands against the other AI stocks.

The artificial intelligence revolution is fueling a fierce clash for increasingly scarce resources. That appears to be the case, given that a single query on ChatGPT requires nearly 10 times as much electricity as a traditional search query on Google. You will be mistaken to think that only power grids are being strained amid the AI boom.

Water, land, metals, and minerals are some of the natural resources being strained as the AI race heats up. In addition to natural resources, millions of humans are always on dial engineering, correcting and training models at the heart of AI.

AI mostly lives and works in data centers, which are humming with motherboards, chips, and storage devices. The demand for electricity from these centers is currently higher than the supply in many parts of the world. Likewise, Goldman Sachs reports that data centers in the US are likely to use 8% of all electricity by 2030, which is almost three times the percentage in 2022 when the AI craze first started.

“The data centers have to partner with utilities, the system operators, the communities, to really establish that these things are assets to the grid and not liabilities to the grid. Nobody’s going to keep approving,” said Ali Fenn, president of Lancium, a company that secures land and power for data centers in Texas.

Similarly, it’s no longer a secret that resource-intensive AI will create winners and losers. Tech giants willing to spend billions of dollars appear to be having an edge. That might explain why the US tech giants are on course to spend $320 billion in 2025, primarily to enhance their AI infrastructure.

Likewise, it is a battle for supremacy between nations as they look to outdo each other on a technology that’s emerged as a matter of national security. The US has already passed legislation prohibiting the sale of advanced chips and equipment to China. Beijing has also hit back with similar restrictions.

“We will safeguard American AI and chip technologies from theft and misuse, work with our allies and partners to strengthen and extend these protections and close pathways to adversaries attaining AI capabilities that threaten all of our people,” said US Vice President JD Vance

The fact that AI is causing conflicts over increasingly limited resources, including chips, is no longer a secret. It is encouraging tech companies to look for more effective ways to develop artificial intelligence. They are investing billions of dollars in alternative energy sources like nuclear fusion, which have been stuttering along for years or even decades without significant investment or technological advancements. Even though the world is on track to surpass important emissions targets in the fight against climate change, the demands of AI are increasing the pressure to continue burning fossil fuels to power the grid.

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