Data centers impact on copper demand due to AI advancements

US-based DeepSeek has developed a cutting-edge AI model that reportedly uses less computational power than its predecessors. As data centers proliferate globally, driven by the growth of artificial intelligence, the copper demand is projected to increase significantly, with estimates of copper usage in data centers reaching between 330,000 tonnes and 420,000 tonnes by 2030. Microsoft CEO Satya Nadella commented that advancements in AI might paradoxically lead to increased copper demand despite more efficient technology.