Meta Invests $10 Billion in Louisiana AI Data Center
Meta is set to construct a $10 billion AI data center in Louisiana, marking the company's largest investment in AI infrastructure to date.
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.
Larry Ellison's $165M Investment in Oxford to Boost Clean Energy Research
Oracle co-founder Larry Ellison plans to invest up to $165 million in the University of Oxford, aiming to transform research into products, including in the clean energy sector.
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.
Sail-Powered Cargo Ships Make Comeback to Reduce Shipping's Carbon Footprint
Wind-powered and wind-assisted cargo ships are gaining traction as the shipping industry seeks to reduce its carbon emissions.
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.
ExxonMobil and Chevron Face Lawsuit Over Plastics Recyclability Claims
Ford County, Kansas, has initiated legal action against major oil companies, including ExxonMobil and Chevron, alleging false representations regarding plastic recyclability.
Russia Intensifies Use of Decoy Drones in Ukraine War
Russia has reportedly increased its deployment of decoy drones to overwhelm Ukrainian air defenses, potentially allowing more explosive drones to penetrate and cause damage.
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.