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.
Climate
Fast Metals is treating waste with more waste to extract critical minerals
Aluminum production has saddled the world with billions of tons of caustic waste. One startup has a plan to clean it up and turn a profit.
Data centers may face temporary power cuts to prevent blackouts on largest US grid
The decision arrives as the breakneck pace of data center construction has grid operators scrambling to generate power.
Thea Energy lands $20M federal grant to build its magnets for fusion reactors
Fusion power startup Thea Energy snagged a $20 million award from ARPA-E to scale production of its high-temperature superconducting magnets.
Antares raises $470M to build nuclear reactors for the US military
Antares has raised $470 million to build small modular reactors — 100 kW to 1 MW — for U.S. Air Force bases.
One fallen power line exposed a growing AI data center problem. Here’s how to fix it.
A close call in Northern Virginia revealed just how poorly data centers respond to grid disruptions. Here’s how to fix the problem.
Meta drops out of a major clean energy pact as its natural gas buildout accelerates
Meta has made significant investments in natural gas over the past year. Now it’s dropping out of an industry renewable energy group.
OpenAI’s AI spending spree has ballooned to $750B
OpenAI will spend the equivalent of Sweden’s GDP on infrastructure through 2030.
Bucking EV slowdown, Sila raises $300M to expand battery materials factory
Sila’s fresh $300 million round will help it make enough of its silicon-carbon anode material to power more than 100,000 EVs.
Data centers expected to use 4x more electricity by 2035
New data centers built through 2033 could consume as much electricity as India uses today.