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Arm's CEO says AI could cure cancer, but data centers are creating a bottleneck

Getting there, however, will require enormous amounts of computing power, Haas said.

Rene Haas, CEO of Arm, believes artificial intelligence could cure cancer within his lifetime, but chip supply is a major obstacle. He states that AI can help shorten drug discovery and testing, but more computing power is needed to achieve this. The demand for memory and chips for AI-related projects is currently exceeding supply, according to Haas.

He acknowledges that building new factories takes a significant amount of time and money. Haas highlights the challenge of data center growth in the US due to environmental concerns and resource shortages. He expects the supply of chips to remain tight for some time, even without the chip bottleneck. Other chip executives have echoed similar concerns about the memory shortage and its impact on various products.

Data center construction in the US has surged in recent years, leading to opposition from local communities due to environmental impacts. A Gallup survey found that seven in ten Americans opposed constructing data centers for AI in their area.

Written by urgent.news from Business Insider's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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