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Google eyes natural gas as AI power demand outpaces clean energy

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Data center boom rivals energy's biggest sectors

A line chart that compares annual investments in data centers, renewable energy and oil and natural gas from 2015 to 2025. Data centers rise from roughly $39 billion to $771 billion, nearly matching oil and gas at $835 billion in 2025. Renewables increase from $227 billion to $798 billion.

Global investment in data centers, compared with select energy sectors

Data: Rystad Energy; Chart: Amy Harder/Axios

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