Hitachi Gives US Power Grid A $1 Billion Boost To Feed AI's Insatiable Appetite For Electricity

Global tech and energy manufacturer Hitachi Energy announced a landmark $1 billion investment to expand the production of critical electrical grid infrastructure in the United States. A major reason for the investment is reported to be soaring energy demand from the growing artificial intelligence (AI) industry and ought to be a major step forward in fortifying the nation's energy supply chain (and hopefully lowering energy costs). The White House, in the meantime, is touting this as a cornerstone of President Trump’s AI energy dominance agenda.

A significant portion of the total investment, $457 million, is dedicated to the construction of a new, state-of-the-art manufacturing facility in South Boston, Virginia. This plant is pegged to become the country's largest producer of large power transformers. The project is expected to create more than 800 new jobs, which should be a welcomed economic boost for the region. The announcement was ...