Energy Bosses Shrug Off DeepSeek to Focus on Powering AI Boom

While tariffs and macroeconomic concerns weighed on the outlook for oil at a major energy conference in Houston this week, the mood around artificial intelligence and its sky-high power needs could scarcely be different.

For a second year, energy executives at the CERAWeek by S&P Global gathering hailed the looming data center requirements for AI as both a huge challenge and a once-in-a-generation opportunity.

“The only way we win the AI arms race with China is if we have electricity,” US Interior Secretary Doug Burgum said in his address. “They are moving at a speed that would suggest we are ...