Cheap capital, reliable power, faster permits, and skilled people are the hidden stack behind AI and cloud growth, and Italy’s bottlenecks show how quickly that stack can slow a digital economy.
A 37% drop in European emissions looks like progress, but the harder question is whether the cut came from cleaner production or from production leaving the continent.
As data centers devour electricity and geopolitical shocks jolt energy markets, the future of artificial intelligence hangs on the price of power.