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The rapid advancement of artificial intelligence (AI) technologies is significantly increasing global copper demand. Copper is essential for the electrical infrastructure that powers AI applications, particularly in data centers. According to BHP, the growth of data centers and AI could boost copper demand by 3.4 million tonnes annually by 2050.
This surge in demand is driven by the need for efficient electrical conductivity in AI hardware and expansive data storage solutions. As AI continues to integrate into various industries, the importance of copper in supporting this technological evolution becomes increasingly evident, presenting potential opportunities for investors in the copper market.
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**Fun Fact Of The Day**
Copper is one of the few metals that is naturally antibacterial, making it useful in medical applications and public health initiatives.
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