Sustainability

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Europe’s drought is shutting down nuclear reactors

Nuclear reactors need water. They sit beside rivers and coastlines for a reason. The water carries heat away from the core. When it runs low or runs warm, the reactor has to power down. That is happening across Europe right now. On Thursday, Romania’s state-owned Nuclearelectrica began disconnecting the country’s sole operating reactor, CNBC reported. […]

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Samsung wants to float AI data centres in Texas. The state just froze the grid they need

The floating data centre has moved from concept to contract. Samsung Heavy Industries and the Dallas firm Mousterian have signed an engineering deal to design one, The Register reported. The first project is bound for Texas. The pitch is a neat answer to the AI buildout’s two tightest constraints: land and water. A moored facility […]

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WindBorne’s AI beats the government’s weather forecasts. Making money from them is the harder problem

WindBorne Systems has raised $37 million to sell something it has already proven it can build: weather forecasts that beat the government’s. The Series B, reported by TechCrunch, was co-led by Khosla Ventures and Galvanize and values the company at $250 million. It takes WindBorne’s total funding past $62 million. The forecasting is the easy […]

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Texas called itself the “epicenter of AI.” Now it won’t plug in a data centre until it’s audited

Texas spent years selling itself as the easiest place in America to build a data centre. This week it started making that harder. Governor Greg Abbott, who last year called the state the “epicenter of AI development,” has ordered a pause on new data-centre connections to the power grid. Regulators must audit every project in […]

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Toyota to roll out next-generation hybrid batteries in 2027 as it targets 5 million hybrid sales

Toyota will begin rolling out a new generation of hybrid batteries next year, the automaker said during its quarterly earnings call on Tuesday. The company will convert existing battery production lines in Japan with enough capacity for roughly 600,000 vehicles to build the new packs, which it says will deliver better performance at a lower […]

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Amsterdam startup Ore Energy raises $43 million to build iron-air batteries that store power for days

Ore Energy, an Amsterdam-based startup building grid-scale iron-air batteries, has raised $43 million in Series A funding to scale a technology that can store renewable electricity for up to 100 hours. The round was led by Plural and HV, with participation from Positron Ventures, bringing the company’s total funding to $61 million. The batteries work […]

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EVgo is putting 500 new fast chargers in the parking lots of American shopping centres

EVgo is expanding its partnership with Brixmor Property Group to install more than 500 new DC fast charging stalls in the parking lots of shopping centres across the United States. The deal will bring EVgo’s 350 kW chargers to at least 90 Brixmor properties, covering more than a quarter of the real estate developer’s portfolio. […]

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OpenAI flew influencers to a nature resort to fix its image. The internet called it greenwashing.

OpenAI has an image problem, and it just spent a weekend making it worse. The company flew a group of influencers to a luxury resort to soften how the public sees AI. The internet took one look and called it greenwashing. The event, branded “Summer Camp,” ran at Wildflower Farms, a resort in New York’s […]

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The AI boom runs on metal. A two-year-old startup just raised $310m to mine it, autonomously, on US soil.

People tell the AI boom as a story about chips and models. Underneath it is metal. Every data centre, chip, power line and robot starts with copper and a handful of other minerals. The United States has quietly lost control of where they come from. A two-year-old startup just raised $310m to change that. Mariana […]

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The AI boom runs on metal. A two-year-old startup just raised $310m to mine it, autonomously, on US soil. Read More »

Sequoia leads $1 billion round for Valar Atomics as the nuclear startup triples its valuation to $6 billion

Sequoia Capital led a $1 billion Series B for Valar Atomics, valuing the nuclear startup at $6 billion. That is three times the $2 billion valuation from its earlier round just months ago. Atreides Management, Point72, and Snowpoint Ventures also participated. Sequoia partner Shaun Maguire will join Valar’s board. The company also secured a $200 […]

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