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Schneider Electric CEO Says AI Power Demand Will Rise 500 Percent
Schneider Electric CEO Olivier Blum said AI-related electricity consumption is expected to increase 500 percent over the next five years. The comments address how the company plans to meet growing data center needs.
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Schneider Electric CEO Olivier Blum said electricity consumption tied to artificial intelligence is projected to rise 500 percent in five years. The increase comes as data centers expand to support AI systems. Blum stated the company is positioning itself to supply equipment for these facilities.
Blum explained that Schneider Electric is expanding capacity to handle higher power loads from AI infrastructure. He added that the company designs products to improve energy efficiency in data centers. The CEO also addressed risk exposure, saying the business maintains a balanced portfolio across regions and sectors.
Data center operators are increasing investments in power management systems. Schneider Electric supplies electrical distribution and cooling equipment used in these facilities.
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