US invests $2B in 31 grid projects to boost capacity for AI demand

The US Department of Energy announced $2 billion in funding for 31 projects to modernize the electrical grid, aiming to prevent blackouts driven by surging AI data center demand. The initiative targets improved reliability and cost reduction for 100 million people, amid criticism of data centers' energy footprint. This marks a significant federal push to address grid constraints that could otherwise bottleneck AI expansion.