Alphabet to buy Intersect Power to bypass energy grid bottlenecks
Alphabet is set to pay $4.75 billion in cash, plus debt, for the data center and clean energy developer.
Alphabet is set to pay $4.75 billion in cash, plus debt, for the data center and clean energy developer.
The move is the latest attempt by the Trump administration to delay the construction of 6 gigawatts of offshore wind near a hotspot of data center development.
The merger would broaden Trump Media’s holdings into the nascent fusion power space while data centers clamor for more electricity amid the ongoing AI boom.
Radiant Nuclear is developing a small modular reactor to replace diesel generators. The startup previously raised $165 million in May.
Radiant Nuclear is developing a small modular reactor to replace diesel generators. The startup previously raised $165 million in May.
The food waste startup founded by Nest alumnus Matt Rogers also received an investment from Amazon’s Climate Pledge Fund.
Last Energy will use the funds to build its 5 megawatt pilot reactor in Texas, which it hopes to turn on next year.
Everbloom has also developed a chemical process to transform waste fibers and feathers into upcycled materials that resemble everything from polyester to cashmere.
Thea Energy says that its planar-coil fusion power plant could be cheaper and easier to build thanks to AI-powered control software.
Microsoft’s data center ambitions have imperiled its 2030 pledge to remove more carbon than it generates, making carbon removal credits all but necessary.