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Source: Mercor hit over $2B in gross revenue run rate in June, double its pace in April, and is profitable on a free cash flow basis

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TECH NEWS

'The challenge is no longer only how much power is needed, but whether it can be delivered reliably': Report finds AI data centers are draining more power than the grid can provide

* Electricity demand is now growing faster than energy suppliers can keep up with * Volatile AI workloads cause unpredictable peaks and troughs in demand * AI could actually help predict, despite also being the cause With three in four (77%) electricity execs now believing that data center energy demand will grow faster