Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Renowned investor and "Shark Tank" personality Kevin O'Leary said Wednesday that artificial intelligence data centers and Bitcoin (CRYPTO: BTC) mining are “competing” for scarce electricity in North America. O’Leary Says US Doesn’t Have Much Power During an interview with Moneywise, O’Leary weighed in on the power situation in the region, noting that there isn’t much left on U.S. grids. “Because of the ...

Renowned investor and "Shark Tank" personality Kevin O'Leary said Wednesday that artificial intelligence data centers and Bitcoin (CRYPTO: BTC) mining are “competing” for scarce electricity in North America.O’Leary Says US Doesn’t Have Much PowerDuring an interview with Moneywise, O’Leary weighed in on the power situation in the region, noting that there isn’t much left on U.S. grids.“Because of the insatiable demand for AI data centers, we’ve got a bit of a problem going on here. There is no power on the g ...