Microsoft’s carbon removal plans aren’t dead after all
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.
Global EV market goes K-shaped as the U.S. gets left behind
EV sales have surged worldwide in every region but the U.S., posing risks for legacy and startup automakers.
Solar to dominate energy by 2035, but AI data centers will keep fossil fuels in business
Costs for solar panels are expected to drop another 30% in the coming decade, helping the tech cement its lead in energy markets.
Silicon Valley’s vacationland needs a new energy provider just as AI is driving prices up
Lake Tahoe, Silicon Valley’s favorite ski spot, is about to get hit with higher energy prices as AI drives demand for electricity.
Power prices are up 76% on America’s biggest grid, and a watchdog is pointing fingers
Prices have nearly doubled in the largest U.S. grid thanks to surging demand from data centers.
Musk’s xAI is running nearly 50 gas turbines unchecked at its Mississippi data center
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.
Geothermal startup Fervo Energy pops 33% in IPO debut fueled by AI data center demand
Fervo Energy’s IPO was upsized several times after potential investors asked why the enhanced geothermal startup wasn’t raising more money.
Former Tesla exec and Heron Power CEO Drew Baglino has founded a heat pump startup
Sadi Thermal Machines is Drew Baglino’s second startup since leaving Tesla in 2024.
Porsche shutters e-bike, battery, software subsidiaries as part of company overhaul
More than 500 people will be affected by the closures.
The biggest U.S. power grid is under strain from AI — and no one is happy
PJM Interconnection — which oversees the grid for some of the densest data center developments on Earth — wants to overhaul itself. Not everyone thinks it’s up to the task.