Insane Demands of AI & Datacenters: Exowatt’s Mission for Affordable, Sustainable Power| E2039
Podcast:This Week in Startups Published On: Tue Nov 05 2024 Description: This Week in Startups is brought to you by: NetSuite. The number one cloud financial system, bringing accounting, financial management, inventory, and HR, into one platform. Giving you one source of truth. Download the CFO's Guide to AI and Machine Learning for free at https://www.netsuite.com/twist Gusto. Gusto is easy online payroll, benefits, and HR built for modern small businesses. Get three months free when you run your first payroll at https://www.gusto.com/twist Washington Post. Stay informed with trusted journalism from The Washington Post. Right now, TWiST listeners can subscribe for just 50 cents per week for your first year at https://www.washingtonpost.com/twist * Todays show: In this episode, host Alex sits down with Exowatt’s Hannan Parvizian to explore how the company is addressing the massive energy demands of AI and datacenters. They discuss Exowatt's mission to deliver affordable, sustainable power solutions that meet the needs of a rapidly expanding tech landscape. Together, they dive into the challenges and innovations shaping the future of clean energy for data-heavy applications. * Timestamps: (0:00) AI search energy consumption and corporate willingness to pay for AI (1:30) Introduction to power, electricity, and Hannan Parvizian of ExoWatt (4:21) Renewable energy, fossil fuels, and data center energy consumption (7:15) AI race, energy demands, and founding of ExoWatt (8:25) Key challenges in the renewable energy sector (9:24) NetSuite - Download the CFO's Guide to AI and Machine Learning for free at https://www.netsuite.com/twist (12:23) Cost of electricity, energy bills, and Texas energy market (13:40) Exowatt’s unique technology and competitive edge (17:46) Introduction to ExoWatt's P3 product (21:34) Gusto - Get three months free when you run your first payroll at https://gusto.com/twist (22:39) Energy storage technologies and comparison (30:47) Washington Post - TWiST listeners can subscribe for just 50 cents per week for your first year at https://www.washingtonpost.com/twist (31:58) P3 modules' energy capacity and storage (34:55) Heat-to-electricity conversion mechanism (37:56) ExoWatt's company background, funding, and scaling challenges (43:14) Variable pricing, customer demand, and AI's energy consumption outlook (50:10) American manufacturing dynamism and AI's impact on the job market * Subscribe to the TWiST500 newsletter: https://ticker.thisweekinstartups.com Check out the TWIST500: https://www.twist500.com Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp * Check out Exowatt: https://www.exowatt.com/ * Follow Hannan: X: https://x.com/hapi31415 LinkedIn: https://www.linkedin.com/in/hannanparvizian/ * Follow Alex: X: https://x.com/alex LinkedIn: https://www.linkedin.com/in/alexwilhelm * Thank you to our partners: (9:24) NetSuite - Download the CFO's Guide to AI and Machine Learning for free at https://www.netsuite.com/twist (21:34) Gusto - Get three months free when you run your first payroll at https://gusto.com/twist (30:47) Washington Post - TWiST listeners can subscribe for just 50 cents per week for your first year at https://www.washingtonpost.com/twist * Great TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland * Check out Jason’s suite of newsletters: https://substack.com/@calacanis * Follow TWiST: Twitter: https://twitter.com/TWiStartups YouTube: https://www.youtube.com/thisweekin Instagram: https://www.instagram.com/thisweekinstartups TikTok: https://www.tiktok.com/@thisweekinstartups Substack: https://twistartups.substack.com * Subscribe to the Founder University Podcast: https://www.youtube.com/@founderuniversity1916