The big tech companies like Alphabet (Google), Amazon, and Microsoft are heavily investing in expanding their computing power, especially for handling artificial intelligence workloads. In the first quarter of this year alone, they collectively invested $40 billion in data centers. Meta, despite not being in the cloud business, also plans to spend a significant amount on AI-related projects. This massive investment is comparable to what giant oil companies like Saudi Aramco spend. The demand for processing power for AI is driving this investment surge, with data center developers now asking for several gigawatts of electricity, highlighting the significant energy requirements of these operations.