KKR and private equity firm Energy Capital Partners (ECP) have agreed to invest a total of $50 billion in data centers and power generation projects to support the development of artificial intelligence. The two companies stated that they are collaborating with large technology companies to accelerate their access to electrical utilities. As data center developers compete for power sources and grid connections, the power supply in some parts of the USA has become tight. This investment is a bet on the significant demand for energy by AI and the increasing pressure that the US electrical grid will face as a result. The two companies indicated that the majority of the investment will be completed within the next four years.