Discover energy trends, innovations, and challenges, including renewables and sustainability.
Automotive
Chinese electric vehicle giant BYD has officially surpassed Tesla in annual sales and vehicle deliveries, marking a major milestone in the global EV race. In a Monday earnings release, BYD reported an impressive $107 billion in 2024 revenue, outpacing Tesla’s $97.7 billion. The Shenzhen-based automaker also delivered a
Quantum Computing
In a historic breakthrough for quantum computing, D-Wave Systems announced it has successfully simulated the properties of magnetic materials using its Advantage2 quantum annealing computer. The achievement, detailed in a paper published in Science, marks what the company calls the first demonstration of quantum supremacy on a real-world, useful problem—
Artificial Intelligence (AI)
OpenAI is expanding its partnership with the U.S. government by providing advanced AI models to scientists at the country's National Laboratories. The move, announced Thursday, will give approximately 15,000 researchers access to OpenAI's latest frontier models, deployed in collaboration with Microsoft on Venado, a
Energy
Fusion energy has long been a tantalizing dream for the energy sector, promising clean, nearly limitless power. Among the ambitious startups chasing this goal, Helion Energy stands out. The 12-year-old company recently raised $425 million in a Series F round, bringing its valuation to $5.245 billion. Backed by high-profile
Quantum Computing
Quantum computing, often described as the “holy grail” of technology, promises unprecedented computing power. However, high fault rates have kept the technology from scaling effectively. Paris-based startup Alice&Bob aims to tackle this challenge head-on. The company has secured €100 million ($104 million) in a Series B funding round
Energy
The demand for clean and reliable energy is surging, driven in large part by the energy-intensive AI revolution. TerraPower, a nuclear energy startup founded by Bill Gates, is stepping up to meet this challenge through a groundbreaking partnership with Sabey Data Centers (SDC), one of the largest data center developers
Solar Energy
This week, Meta announced its purchase of 200 megawatts of solar energy from multinational electric utility Engie, reinforcing its commitment to renewable power. The deal adds to Meta’s already impressive portfolio of over 12 gigawatts of renewable energy, a critical move as the tech giant continues to expand its
Energy
The demand for data centers is accelerating at an unprecedented pace, with power consumption expected to double by 2029, according to a new report from JLL. This growth, driven by artificial intelligence (AI) advancements and expanding cloud services, is pushing energy infrastructure to its limits and raising critical questions about
Energy
Constellation Energy has landed a groundbreaking $1 billion agreement to supply nuclear-generated electricity to the U.S. government over the next decade. Announced Thursday, this deal marks the largest energy purchase in the history of the U.S. General Services Administration (GSA), which oversees federal building operations. Powering Federal Operations
Energy
Nuclear startup Oklo has struck a significant deal with data center operator Switch to supply up to 12 gigawatts of power by 2044. If successful, Oklo’s small modular reactors (SMRs) could become a game-changer for powering energy-hungry data centers. However, the agreement comes with challenges, including regulatory hurdles and
Energy
Artificial intelligence’s sudden expansion has unleashed enormous potential—but at a steep cost: skyrocketing energy consumption. As AI models grow larger and more complex, they require vast amounts of power, leaving tech companies scrambling to find sustainable solutions. The Energy Crisis Behind AI Data centers, the backbone of AI
Transportation
General Motors (GM) announced it will cease funding for its Cruise robotaxi service, marking a significant shift in its autonomous vehicle strategy. The company will now prioritize developing self-driving technology for personally owned vehicles rather than operating commercial robotaxi fleets. Why GM Pulled the Plug on Cruise Cruise’s robotaxi