This year Big Tech got into the energy game in a big way, and if it wants to chase AI it’ll need even more energy in years to come.
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FERC kiboshed a bid to increase the amount of power that a nuclear plant in Pennsylvania is allowed to supply to one of Amazon’s data centers.
A group of 14 large banks and other financial institutions announced that they’re going to up their support for the nuclear power industry.
AI’s energy needs are enormous, and could have a once-in-a-generation impact on the electricity market.
The toast of Wall Street has elevated a new generation of executives to run its investment banking and trading operations.
Mistral is among a clutch of privately held AI startups like OpenAI and Anthropic that have seen valuations soar.
The Trump 2.0 era may have officially begun this week, but the much-hyped tariff-fueled trade war has not. At least, not yet.