Over the past year, Meta has funded the construction of at least a dozen natural gas power plants, including a project that alone will burn enough natural gas to generate as much electricity as the entire state of South Dakota uses. Meta is now no longer part of RE100, a corporate renewable energy initiative, after
OpenAI announced Wednesday that it will spend $750 billion on infrastructure through 2030, about 25% more than it estimated earlier this year, The Wall Street Journal reported. The renewed blitz comes as its Stargate data center project appears to have stalled. The first salvo in OpenAI’s spending spree will be a $20 billion data center
Battery materials startup Sila announced Tuesday that it raised $300 million to expand its factory in Washington state to produce enough anode material for more than 100,000 electric vehicles. Sila’s expansion comes as demand for electric vehicles in the United States has weakened in the wake of the Trump administration’s efforts to cripple propulsion technology.
Data centers are expected to use one-fifth of the electricity generated in the US by 2035, four times more than today, according to a new report from BloombergNEF. The report predicts that an increase in AI computing will increase data center capacity to nearly 200 gigawatts over the next decade. Nearly half of that capacity
Charging is at the forefront of the minds of potential EV buyers. Just over half of those surveyed by AAA last year said public charging infrastructure was a key concern. Those concerns are not unfounded. Historically, EV fast charging has been lackluster. In 2023, after a disastrous road trip, I wrote a “bill of rights”
Valar Atomics, a startup that builds small modular nuclear reactors (SMRs) — essentially factory-built miniaturized power plants designed to be cheaper and faster to deploy than traditional reactors — is in talks to raise a new round of capital, according to three sources familiar with the company. The company, founded three years ago, is seeking
