Nuclear startup Last Energy raises $100M for its steel-encased micro reactor
Last Energy will use the funds to build its 5 megawatt pilot reactor in Texas, which it hopes to turn on next year.
data centers
Google invests in Fervo’s $462M round to unlock even more geothermal energy
Fervo Energy’s Series E round will help the company build additional phases of its Cape Station power plant while beginning development on new sites.
Boom Supersonic raises $300M to build natural gas turbines for Crusoe data centers
Crusoe will pay Boom $1.25 billion for more than a gigawatt of generating capacity with deliveries of the turbines starting in 2027.
Environmental groups call for halt to new data center construction
More than 230 organizations signed a public letter urging members of Congress to take action.
Construction workers are cashing in on the AI boom
“I pinch myself going to work every day,” one 51-year-old says of his new supervisor role overseeing 200 workers at a data center site.
Data center energy demand forecasted to soar nearly 300% through 2035
New planned data centers promise to consume even more energy than expected. Meanwhile, a grid monitor is blaming such growth for high electricity prices.
Musk’s xAI to build small solar farm adjacent to Colossus data center
The artificial intelligence company said it was working with a developer to build a solar farm on 88 acres next to its Memphis site. Given the proposed size, the solar farm would likely produce around 30 megawatts of electricity, only about 10% of the data center’s estimated power use.
AWS is spending $50B build AI infrastructure for the US government
AWS has been working with the U.S. government since 2011 and is now building AI infrastructure specifically for the entity.
Rising data center electricity use risks blackouts during winter storms
Data centers are driving record electricity demand, and the North American Electric Reliability Corporation is warning that a severe winter storm could push the grid over the edge.
Trump DOE gives Microsoft partner $1B loan to restart Three Mile Island reactor
Constellation Energy will use the loan to refurbish a reactor it idled in 2019. Microsoft has agreed to buy the power once the facility reopens in 2028.