Much of the climate tech community — like the rest of the U.S. economy — is eagerly riding the AI wave.
As climate tech companies tried to get financing those that could change their pitch to match the AI mania did so.
One exchange during a panel at New York Climate Week captured the moment: Two founders, when asked whether they’d prefer the AI buildout to proceed at its current pace or at a more climate-responsible speed, said without hesitation that faster was better.
The undercurrent at New York Climate Week was that the data center party won’t last forever, but it might last long enough to help startups build durable businesses.
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One exchange during a panel at New York Climate Week captured the moment: Two founders, when asked whether they’d prefer the AI buildout to proceed at its current pace.
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The article, shortened and in plain language
It was the best of times, it was the worst of times … I’ll spare you the rest, but the cliché Dickens line does sum up this year’s New York Climate Week.
Much of the climate tech community — like the rest of the U.S. economy — is eagerly riding the AI wave. Some have reservations about the quantity of natural gas power plants being built to power AI data centers.
The singular focus also means some promising sectors risk being overlooked.
As climate tech companies tried to get financing those that could change their pitch to match the AI mania did so.
The pivot has helped many climate tech startups land fresh funding from investors. Total venture deal value has risen for four consecutive quarters, cresting the $14 billion-mark in the first quarter of this year, according to the most recent available data from PitchBook.
One exchange during a panel at New York Climate Week captured the moment: Two founders, when asked whether they’d prefer the AI buildout to proceed at its current pace or at a more climate-responsible speed, said without hesitation that faster was better.
The difference today is that large companies don’t want to crow about it, mostly for fear of drawing the Trump administration’s ire.
The undercurrent at New York Climate Week was that the data center party won’t last forever, but it might last long enough to help startups build durable businesses.
Crusoe abandons $1.25B plan to use Boom turbines at AI data centers Kirsten Korosec.
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