Elon Muks’s xAI said it will buy $2.8 billion worth of natural gas turbines over the next three years, according to SpaceX’s IPO filing.
Microsoft is responsible for over 90% of the carbon removal market, and reports suggested the company was pausing purchases entirely. This new deal should help assuage the fears of CDR startups.
EV sales have surged worldwide in every region but the U.S., posing risks for legacy and startup automakers.
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Costs for solar panels are expected to drop another 30% in the coming decade, helping the tech cement its lead in energy markets.
Lake Tahoe, Silicon Valley’s favorite ski spot, is about to get hit with higher energy prices as AI drives demand for electricity.
Prices have nearly doubled in the largest U.S. grid thanks to surging demand from data centers.
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Gas turbines at xAI’s Colossus 2 data center have drawn a lawsuit over the company’s use of “mobile” gas turbines as power plants.
Fervo Energy’s IPO was upsized several times after potential investors asked why the enhanced geothermal startup wasn’t raising more money.