{"id":17139,"date":"2024-11-24T14:50:36","date_gmt":"2024-11-24T15:50:36","guid":{"rendered":"https:\/\/medexperts.pro\/?p=17139"},"modified":"2024-11-24T16:24:23","modified_gmt":"2024-11-24T16:24:23","slug":"former-bp-chief-joins-a-i-data-center-developer","status":"publish","type":"post","link":"https:\/\/medexperts.pro\/?p=17139","title":{"rendered":"Former BP Chief Joins A.I. Data Center Developer"},"content":{"rendered":"
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Bernard Looney will join Prometheus Hyperscale, a Wyoming start-up, to help it address the enormous energy needs of the artificial intelligence industry.<\/p>\n

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Bernard Looney, the former chief executive of BP, one of the world\u2019s largest energy companies, said Sunday that he would become chairman of a data center<\/a> start-up in the United States, a move that comes amid a ravenous appetite for electricity to power the boom in artificial intelligence.<\/p>\n

The company, called Prometheus Hyperscale, plans to build a $10 billion data center on a 640-acre site in Evanston, Wyo., carved out of the family ranch of the company\u2019s founder and chief executive, Trenton Thornock. The hope is to attract companies like Amazon, Microsoft or Google with mushrooming needs for computer power, Mr. Looney said in an interview.<\/p>\n

Prometheus plans to expand in the United States and internationally, he added. \u201cI\u2019ll be helping them with customers,\u201d he said. \u201cI\u2019ll be helping them with investors. I\u2019ll be helping them with strategy.\u201d<\/p>\n

Mr.Looney, 54, left BP<\/a> last year after acknowledging that he failed to properly disclose personal relationships with colleagues.<\/p>\n<\/div>\n<\/div>\n

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The oil and gas industry may seem far removed from a start-up aimed at serving the A.I. industry, but the two sectors have become increasingly intertwined.<\/p>\n

The huge arrays of computers needed for A.I. require staggering, and rapidly increasing, amounts of energy to keep them humming. Energy companies like BP already view large data service providers, known as hyperscalers, as important buyers of their energy.<\/p>\n

\u201cHyperscalers are going to be one of the bigger customers moving forward for energy,\u201d Murray Auchincloss, Mr. Looney\u2019s successor at BP, told analysts last month.<\/p>\n

Mr. Looney\u2019s experience with the multibillion-dollar projects that are common in the energy industry, as well as his past work with potential international investors like the oil producers in the Persian Gulf may be useful in his new role.<\/p>\n

In Mr. Looney\u2019s three years as chief executive of BP, the company shook up its leadership as he announced plans to cut back oil and gas production while increasing investment in renewable energy sources like wind and solar. Some of these ambitions have since been scaled back as investors increasingly prefer profits from oil and gas<\/a> to mixed results from renewable energy sources. But companies like Google prefer clean energy.<\/p>\n<\/div>\n<\/div>\n

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\u201cHe is one of the folks in the world who is highly connected,\u201d Mr. Thornock said. \u201cHe has great credibility in the sustainability and energy space.\u201d<\/p>\n

Mr. Looney said he wanted to help Prometheus Hyperscale address what he called downsides of A.I., including the concern that the fast-growing demand for electricity would lead to increases in emissions. \u201cWe have to work on that,\u201d he said.<\/p>\n

The Wyoming data center will be initially powered by wind and gas. There is also a possibility that nuclear energy will be used in the future through a partnership with Oklo, a start-up led by Sam Altman, chief executive of the ChatGPT maker OpenAI. Prometheus also will use what it says is a unique liquid cooling system to save large amounts of energy.<\/p>\n<\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"

Bernard Looney will join Prometheus Hyperscale, a Wyoming start-up, to help it address the enormous energy needs of the artificial intelligence industry.Bernard Looney, the former chief executive of BP, one of the world\u2019s largest energy companies, said Sunday that he would become chairman of a data center start-up in the United States, a move that comes amid a ravenous appetite for electricity to power the boom in artificial intelligence.The company, called Prometheus Hyperscale, plans to build a $10 billion data center on a 640-acre site in Evanston, Wyo., carved out of the family ranch of the company\u2019s founder and chief executive, Trenton Thornock. The hope is to attract companies like Amazon, Microsoft or Google with mushrooming needs for computer power, Mr. Looney said in an interview.Prometheus plans to expand in the United States and internationally, he added. \u201cI\u2019ll be helping them with customers,\u201d he said. \u201cI\u2019ll be helping them with investors. I\u2019ll be helping them with strategy.\u201dMr.Looney, 54, left BP last year after acknowledging that he failed to properly disclose personal relationships with colleagues.The oil and gas industry may seem far removed from a start-up aimed at serving the A.I. industry, but the two sectors have become increasingly intertwined.The huge arrays of computers needed for A.I. require staggering, and rapidly increasing, amounts of energy to keep them humming. Energy companies like BP already view large data service providers, known as hyperscalers, as important buyers of their energy.\u201cHyperscalers are going to be one of the bigger customers moving forward for energy,\u201d Murray Auchincloss, Mr. Looney\u2019s successor at BP, told analysts last month.Mr. Looney\u2019s experience with the multibillion-dollar projects that are common in the energy industry, as well as his past work with potential international investors like the oil producers in the Persian Gulf may be useful in his new role.In Mr. Looney\u2019s three years as chief executive of BP, the company shook up its leadership as he announced plans to cut back oil and gas production while increasing investment in renewable energy sources like wind and solar. Some of these ambitions have since been scaled back as investors increasingly prefer profits from oil and gas to mixed results from renewable energy sources. But companies like Google prefer clean energy.\u201cHe is one of the folks in the world who is highly connected,\u201d Mr. Thornock said. \u201cHe has great credibility in the sustainability and energy space.\u201dMr. Looney said he wanted to help Prometheus Hyperscale address what he called downsides of A.I., including the concern that the fast-growing demand for electricity would lead to increases in emissions. \u201cWe have to work on that,\u201d he said.The Wyoming data center will be initially powered by wind and gas. There is also a possibility that nuclear energy will be used in the future through a partnership with Oklo, a start-up led by Sam Altman, chief executive of the ChatGPT maker OpenAI. Prometheus also will use what it says is a unique liquid cooling system to save large amounts of energy.<\/p>\n","protected":false},"author":1,"featured_media":17141,"comment_status":"close","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-17139","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/17139","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17139"}],"version-history":[{"count":2,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/17139\/revisions"}],"predecessor-version":[{"id":17142,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/17139\/revisions\/17142"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/media\/17141"}],"wp:attachment":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17139"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17139"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17139"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}