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Oracle Claims World's Largest AI Supercomputer, Challenging Industry Giants

Oracle announces a 65,000 GPU supercomputer, entering a competitive landscape where multiple tech giants claim to have the most powerful AI computing clusters.

Energy December 11, 2024

Auto Industry Lobbies for EV Mandate Rollback Under Potential Trump Administration

Auto executives are seeking opportunities to ease state-mandated EV sales targets, citing slowing demand and unrealistic timelines.

Energy December 6, 2024

Meta Seeks Nuclear Partners to Power AI Data Centers

Meta is targeting 1 to 4 gigawatts of new nuclear generation capacity to be delivered starting in the early 2030s for its AI and sustainability goals.

Energy December 4, 2024

Citadel's Commodities Division Generates $4 Billion Profit Despite Industry Slump

Citadel's commodities business achieved about $4 billion in profits this year, primarily from natural gas trading, despite overall industry slowdown.

Energy December 2, 2024

AI's Energy Demand Surge Prompts Tech Industry Push for Power Alternatives

The rapid growth of AI power consumption is driving tech leaders to seek new energy solutions, with a focus on nuclear power and other alternatives.

Energy November 30, 2024

Texas Pacific Land Corp. Explores Energy Sector Diversification Amid AI Boom

Texas Pacific Land Corp. is leveraging its vast West Texas land holdings to capitalize on the growing energy demands of AI and data centers, driving a 200% increase in its stock value.

Energy November 26, 2024

Europe Faces Renewed Energy Challenges as Gas Prices Surge

Escalating tensions in Ukraine and declining gas storage levels are contributing to a 45% surge in gas prices, potentially deepening Europe's cost-of-living crisis.

Energy November 23, 2024

Trump's Proposed Tariffs Could Impact Energy-Related Consumer Goods

President-elect Trump's proposed tariffs on imports from China and other countries could lead to price increases on various consumer goods, including electronics and appliances.

Energy November 15, 2024

Morgan Stanley Predicts Potential 50% Surge in Tesla Stock Amid AI and Political Developments

Morgan Stanley analysts forecast a bullish scenario for Tesla, projecting a possible 50% increase in stock value as the company expands beyond automobiles and leverages potential political influence.

Energy November 12, 2024