Javier Loya on the Power Behind the AI Boom: Why the Grid, Not the Chip, Is the Real Constraint

The artificial intelligence boom is usually told as a story about chips. Javier Loya thinks that misses the harder half of the equation. Loya spent nearly two decades at the center of global energy markets as co-founder of OTC Global Holdings, the Houston firm he built into the world’s largest independent commodity brokerage before its acquisition by BGC Group in 2025. Today, as Founder and…