New Delhi, Nov. 27 -- Peter Lynch's wisdom holds true: during the Gold Rush, would-be miners went broke, but the people selling picks and shovels made consistent profits. Today's AI boom follows the same logic. Instead of predicting whether OpenAI, Anthropic, or Google's Gemini wins the model wars, investors can own the infrastructure that all of them must buy.

AI workloads demand exponentially more power than traditional computing. Data center power consumption is projected to surge from 55 gigawatts globally today to 122 gigawatts by 2030, according to Goldman Sachs. The investment bank forecasts a 165% increase in power demand from data centers by the end of the decade, requiring an estimated $720 billion in grid infrastructure spendi...