Consider the energy crunch: Global data-center power demand will more than double by 2030, per the International Energy Agency, forcing upgrades to grids, water systems, and connectivity. China’s state grids are embarking on a 5 trillion yuan ($722 billion) expansion explicitly for AI and data centers that is equivalent to 4% of GDP, according to Moody’s. The Qatar Investment Authority has announced a project worth $20 billion (9% of the nation’s GDP), to develop AI data centers and computing infrastructure. And in Korea, despite AI-related spending only accounting for 0.4% of GDP, the country’s recently established sovereign wealth fund is almost exclusively targeted at high-tech industries including AI and chips, while planning to deploy a war chest worth 5.7% of GDP over the next five years.
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Parents of gravely ill child refused respite care
In a live demo, Gore walked through how a new developer with no prior credentials spins up an identity, joins a Linux Foundation community, and then establishes a relationship with another participant using pairwise DIDs. Once that relationship exists, the two sides can exchange richer, verifiable relationship credentials (VRCs) that record facts such as when the relationship started, the level of trust it reflects, and how long the credential should remain valid.