UPDATED SUN 25 OCT · 19:15 UTCLIVE
MarketsHigh

Energy Crunch: German Gas Triples, AWS Fully Booked, AI Demand Surges

German natural gas prices have tripled YTD to $95 from $30, while AWS reports its cloud capacity is fully booked through 2027 as AI demand overwhelms supply.

What we know

An account on X charted German natural gas prices rising 217% year-to-date, from $30 on January 1 to $95 now. Simultaneously, another account on X reported that the AWS CEO said cloud capacity is fully booked through 2027 due to AI demand. This connects to a broader theme flagged by another account on X, who argued now is the ideal time to revisit distributed inference on heterogeneous hardware as software collapses the barriers of hardware incompatibility — and separately that Bitcoin mining serves as a natural load balancer for overbuilt datacenters with stranded energy.

By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.