'We need responsible AI': How impact VCs are grappling with the true cost of a token

Behind every AI prompt and every spent token lies an energy, water, and carbon cost, the extent of which has been revealed by a new report published today.

For Europe's impact investors – who are actively adopting and funding AI – question marks surrounding the technology’s negative social and climate impacts presents a unique set of challenges.

"We should use AI where it creates meaningful value, not just because it’s available," Nora Bavey, general partner at Unconventional Ventures, tells Impact Loop.