Copper Price Volatility Threatens Asia's AI Boom
Asia's rapid growth in artificial intelligence (AI) is facing a potential bottleneck - copper. The price volatility of this crucial metal threatens to delay new data centres, which are necessary for AI development and deployment. According to experts, Asia's reliance on copper is a structural issue that needs to be addressed.
The price of copper has been fluctuating wildly in recent times, making it difficult for companies to plan their investments. This volatility could lead to delays in the construction of new data centres, which are essential for AI applications such as cloud computing and big data analytics.
Benicia Tan from The Business Times notes that cheaper substitutes for copper may not be effective solutions. She believes that addressing Asia's reliance on copper is a more critical step towards mitigating the risk of delays in AI development.