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[Goldman Sachs Raises 2030 Global Data Center Power Demand Forecast, Analyzes Impact of AI Innovation Cycle] According to Trend Research, Goldman Sachs' August 6 report raised the forecast for the growth in global data center power demand by 2030 to 170%. Combined capex and R&D spending by hyperscale vendors is expected to reach $1.2 trillion by 2026 and increase to $1.7 trillion by 2027. If the U.S. green reliable power premium of $40 to $48 per megawatt-hour is applied to global new demand, total industry spending by 2030 would be approximately $45 to $53 billion. AI is expected to reduce the time from drug discovery to first revenue generation from 13 years to 10 years, creating enterprise net present value of approximately $84 to $93 billion.