China’s energy supply edge was also at the heart of a panel discussion on clean energy in Europe.
The economic benefits of China’s abundant and cheap supply of electricity were recognised by US tech billionaire Elon Musk and other speakers at the World Economic Forum in Davos, Switzerland, on Thursday.
As the United States and the European Union contemplate how to catch up, Tesla CEO Musk said the artificial intelligence (AI) industry was facing an energy bottleneck around the globe – with AI chips being produced rapidly and electricity output struggling to keep up – apart from the notable exception of China.
