00:08Over the next decade, artificial intelligence will be powered by our power grids.
00:14Right now, whether you are in the United States or you are operating a grid around the world,
00:19there is a big fear that AI loads simply won't be able to get powered by grids.
00:24Companies that I am helping build are changing that overnight.
00:27Just yesterday, while I was here at Seagre Paris and at the Rethink Power Electricity Forum,
00:35held yesterday in the same location, we are seeing $150 million in a Series A raise for Emerald AI
00:45at a $1.05 billion valuation simply on the thesis that artificial intelligence can be friendly with
00:52and participate with and be an asset for power grids.
00:56This isn't just a story about grids and AI anymore.
00:59It's a story about how we bring together the two most important evolutions happening for technology and humanity.
01:06Artificial intelligence needs to be here to power people, prosperity, learning, medicine, science, security, law,
01:16everything you can think of that we need for prospering societies.
01:19And we need power grids to work.
01:21Bringing them together is the reason I am here at Seagre to talk about Emerald AI
01:26and also to talk about the work I am doing on power grids around the world starting in Texas
01:31to make it easier for AI to power through the grids and help humanity.
01:36Thank you so much for Seagre Paris 2026.
01:39Thank you so much wichtig.
01:39We'll watch our next lecture.
01:40Thanks.
01:43Our next lecture is tonight.