Artificial intelligence, particularly large language models, has a hidden cost: water. Every AI query consumes water through the energy-intensive cooling of data centres, and also because AI requires semiconductors, which in turn have a significant water footprint.
“Water is the most ‘traded’ raw material in the world. The ‘virtual water trade’ is 400 times greater than that of oil. ChatGPT drinks half a litre of water for every 20 commands,” points out Mikkel Nyholt-Smedseng, portfolio manager at DNB Asset Management.
However, this also comes with investment opportunities in water-related infrastructure. In a recent insight, Nyholt-Smedseng outlines three key themes: ultrapure water, water filtration technology and desalination and reuse of water.
Read the full insight here.
Read more
Global Trade
Trump ignites global trade war / Reactions
The USA itself will be the victim of Trump’s trade policy.
Private Debt
The case for private debt in real asset financing
What makes the combination of private debt and real assets particularly compelling in today’s market?
Schroders
Looking ahead: 30-year return forecasts
Higher returns are expected across asset classes, driven by stronger productivity growth for equities and elevated long-term central bank rate projections for bonds.
Quant Investing
AI and quantitative investing
Artificial intelligence applications go way beyond stock selection.
Bellevue Asset Management
Demographics and AI drive MedTech stocks
MedTech investment case: What makes it attractive, which trends stand out?
