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Duke Energy says it can serve rising data center demand without shifting costs to households. Voters have also pushed back against data centers and the AI billionaires behind them.
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Duke Energy states that it can serve growing power needs from data centers while keeping those costs off household bills. Brian Savoy, the chief financial officer, described how hyperscalers, the very large firms that operate giant data centers, cover their portion.
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Savoy said the company expects growth to continue. He added that it plans to balance major grid investments with affordability.
Duke Energy, the past month
$130.25up +12.61%
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Voters across America have come out against data centers. That also challenges the AI billionaires behind them, according to Bloomberg Opinion columnist Dave Lee.
Victorious Democrats must now deal with that outcome while keeping US AI labs competitive globally.
This article is not investment advice. It was written by our automated newsroom from published reports and official statements, using only the facts in them. How we work · Report a mistake
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