Saudi Aramco backs India’s Mitti Labs to make Asia’s rice farming more water-resilient
Mitti Labs plans to expand beyond India and enter the Philippines and Indonesia while growing its carbon credits and agricultural data business.
Climate
Texas halts new data centers as governor calls for audits
Texas Governor Greg Abbott has paused new data center development until an audit has been completed.
Sequoia’s Shaun Maguire leads $1B round for nuclear startup Valar Atomics
Valar Atomics raised $1 billion at a $6 billion valuation after signing a development deal with Nvidia in June.
Base Power raises another $1B to save the grid using backyard batteries
Base Power’s $1 billion round will help the startup ramp production of its home batteries.
SpaceX won’t remove all of xAI’s unpermitted turbines for another year
SpaceX is building a new power plant for xAI’s Colossus data centers, but it won’t remove existing, unpermitted turbines for many more months.
Florida plans to build air taxi pads using $200M intended for EV chargers
Florida wants to use federal EV charger funds to build an air taxi network connecting golf courses, luxury apartment buildings, and airports.
When will fusion power startup Commonwealth Fusion Systems go public?
There are fresh signs that fusion power startup Commonwealth Fusion Systems will list in the next two to three years.
Fusion power darling Commonwealth Fusion Systems raises another $1B
Commonwealth Fusion Systems raised $1 billion as the startup moves toward its first commercial fusion power plant.
Sorry, haters. Ferrari’s first EV is doing just fine
To the horror of commenters across the internet, the Ferrari Luce appears to be a sales success.