Standard Nuclear raises $140M as nuclear power enters its gold rush era
Investors including a16z are betting that nuclear industry suppliers will be the big winners of the AI demand-driven nuclear renaissance.
Climate
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The winter storm tested power grids straining to accommodate AI data centers
The colossal winter storm that swept across 34 states left hundreds of thousands of people without electricity. Bitterly cold temperatures lingering after Winter Storm Fern are still testing power grids, already under stress from a rush of new AI data centers. Over the weekend, wholesale electricity prices soared in Virginia, the state with the most […]
Obvious Ventures lands fund five with a 360-degree view of planetary, human, economic health
The 12-year-old firm raised $360,360,360 for its fifth fund. And there’s a reason for that number.
VC firm 2150 raises €210M fund to solve cities’ climate challenges
Europe-based venture fund 2150 raised the money to invest in climate tech startups that help solve cities’ carbon footprint.
Nvidia’s new AI weather models probably saw this storm coming weeks ago
Nvidia announced three new AI weather tools today. Together, they promise to improve the accuracy of weather forecasts while also making them accessible to more users.
How PopWheels helped a food cart ditch generators for e-bike batteries
PopWheels realized its battery swapping network could be used for more than food delivery workers who need to charge their e-bikes. Now, its planning for an “aggressive rollout” this summer.
Why this winter storm will likely be a wild one
Most of the US is bracing for a prolonged stretch of frigid weather and a massive winter storm that could wreak havoc on roads and power grids over the next several days. At least 170 million Americans are under winter weather alerts. “Bitterly cold temperatures and dangerously cold wind chills” will linger even after the […]
Struggling fusion power company General Fusion to go public via $1B reverse merger
General Fusion’s merger with an acquisition company will net the company over $300 million. Just last year, the company ran into trouble raising money from other investors.
Zanskar thinks 1 TW of geothermal power is being overlooked
Zanskar has raised $115 million to find about a dozen geothermal resources that could help power the grid throughout the U.S. West.