In order to accelerate the construction of new power plants needed to provide energy for its data centers, Meta is looking to get into the business of trading electricity. Bloomberg reports that both ...
Making quality business decisions is no longer about trusting a hunch or leaning only on past experience. The real challenge for companies today is learning how to make sense of the overwhelming ...
The race for more advanced AI models has major tech giants like Meta and OpenAI scrambling to build massive new data centers to power their systems. Now, one Microsoft-backed startup says it’s ...
Seattle-based Rad Power Bikes, former darling of the booming e-bike market, warned it could shut down amid slowing sales and the hangover of too-rapid growth during the pandemic. The company, ...
As you build your company, you’ll have to deal with big questions as you grow: How can I be a better manager? How can I scale without losing sight of my mission statement? These are huge questions, ...
Global data center power demand is averaging a 17% annual growth rate, a new McKinsey study found. In the US, data centers could account for 14% of total power demand by 2050. Fossil fuels are likely ...
With hopes of modernizing and improving the Texas power grid, Base Power has raised $1 billion in Series C funding. The company plans to expand its reach further into DFW and create a hardware factory ...
Oct 8 (Reuters) - Base Power said on Wednesday that it had raised $1 billion in its latest funding round, as it looks to ramp up its business of leasing batteries to homeowners to meet rising power ...
Growth in artificial intelligence, which has substantial computing needs, could drive a revitalization in demand for power of all types, including nuclear. Companies such as OpenAI, Amazon.com, Google ...
As artificial intelligence usage soars, so has demand for data centers to power it. Cities are grappling with what that means for their residents’ electricity bills and the reality of living in the ...
Soaring demand for electricity will drive a $350 billion nuclear spending boom in the US, boosting output from reactors by 63% by 2050, according to Bloomberg Intelligence. The key driver is ...
Earlier this week, OpenAI announced a “strategic partnership” with AI chipmaker Nvidia in which the duo of tech giants will build and deploy upwards of 10 gigawatts of AI data centers. Nvidia will ...