Rising Energy Costs and Data Centers at Heart of NextEra’s Dominion Bid
NextEra’s proposed acquisition of Dominion Energy comes as Americans are paying a lot more for electricity, and data centers are demanding a lot more power
Category: Tech
Senate Republicans Introduce Funding Measure to Combat Online Child Abuse
As part of the reconciliation bill, the senators have allocated $108 million over three years to add nearly 200 specialists at the Department of Homeland
Temasek-backed motif launches Clarity, an AI system that wants to give wealth platforms a brain
Most AI products in financial services are, if you strip away the marketing, large language models bolted onto data feeds. They retrieve information. They do
Amprius and Matternet partner to bring silicon anode batteries to drone delivery
Amprius Technologies, the Fremont-based maker of high-energy-density silicon anode batteries, has announced a partnership with Matternet, one of the few drone delivery companies to
In addition to space stations, Vast says it will now build high-power satellites
As part of its plan to develop a private space station, Vast Space built and then launched a small demonstration spacecraft in early November. This
Iran demands Big Tech pay fees for undersea Internet cables in Strait of Hormuz
Iran claims it will charge US tech companies fees for using undersea Internet cables that run beneath the contested Strait of Hormuz shipping lanes. The
As OpenAI Celebrates Court Win Against Musk, Other Challenges Lie Ahead
A jury’s rejection of Elon Musk’s $150 billion lawsuit against OpenAI was a major hurdle crossed. But the maker of ChatGPT faces a list of
Bipartisan Bill Would Impose New Annual Fee on Electric Vehicles
A House transportation bill introduced this week would require owners of electric cars to pay $130 to cover the cost of road repairs.
Feldwerke pulls a €12M revolving credit facility behind a 100 MW agri-PV roll-out
The Munich-based developer behind Germany’s largest agri-PV facility plans to build 100 MW across the next 18 months. The new debt line is the working-capital
Hypershell takes $50M more on $120M Series B series as consumer exoskeletons step out of niche
Ant Group and Meituan Dragonball co-led the $50m Series B+; Sofina and Granite Asia joined. Total Series B funding now stands at $120m at a
Why ‘open AI’ models are gaining ground on LLMs
While proprietary AI models such as OpenAI’s ChatGPT and Google Gemini remain popular, the tide may be shifting to open models as IT leaders move
Blackstone takes the majority position in Google’s new TPU cloud
The two have formed a joint venture to build a US-based AI compute-as-a-service business on Google’s TPUs, with $5bn of Blackstone equity, $25bn total deal
Intel and Qualcomm circle Tenstorrent as the NVIDIA-alternative trade comes due
Bloomberg reports early-stage takeover conversations with the Jim Keller-led AI chip startup, which raised $800m at a $3.2bn valuation last year and counts Bezos Expeditions
What the jury had to weigh to decide the case.
A crowd waits outside the Ronald V. Dellums U.S. Courthouse last month in Oakland, Calif.