"Power is probably the forever bottleneck": Grid delays threaten the AI race.

Goldman Sachs warns that power shortages are the biggest risk to the AI buildout, expecting global data center power demand to surge 170% between 2025 and 2030, with over 60% from the U.S. The bank estimates $7.6 trillion in capital spending from 2026-2031 across computing, data centers, and power infrastructure. 'Power is probably the forever bottleneck,' said Goldman's Jason Tofsky.