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.
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.
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.
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.
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.
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.
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.
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.
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.