Climate
Battery Storage Now Cheaper Than Gas Peaker Plants in 43 Markets
Wood Mackenzie finds four-hour battery storage cheaper than gas turbines in 43 markets as data centre demand increases power plant construction costs.
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Wood Mackenzie finds four-hour battery storage cheaper than gas turbines in 43 markets as data centre demand increases power plant construction costs.
Lambda is raising up to $4 billion at a $14.5 billion valuation as the Nvidia-backed AI cloud provider prepares for a planned 2027 IPO and further growth.
AI chip startup Etched is reportedly reviewing investment offers valuing it at $40-$50 billion, weeks after its $21 billion funding round.
Amazon says it no longer uses NDAs with government agencies for data centre projects, as communities raise concerns about transparency, water use, and power use.
Google launches its first TPU into orbit for Project Suncatcher as it studies whether lower Starship launch costs could make space-based AI data centres viable.
Fervo Energy’s Cape Station begins commercial operations with its first 33 MW GeoBlock after a 23-month build, marking a major milestone in enhanced geothermal.
Crusoe has ended a $1.25 billion plan to deploy Boom Supersonic’s gas turbines at AI data centres, forcing Boom to pursue other customers.
Anthropic will spend $11.6 billion on Akamai cloud infrastructure over seven years, in a deal that could expand to roughly $20 billion.
British AI neocloud Nscale has secured $3.36 billion in convertible financing as it prepares for a U.S. IPO that could value the company at $35 billion.
Oracle issues a force majeure notice for its New Mexico Stargate data centre amid pipeline delays and pending energy permits, while maintaining its 2028 target.
Amazon says it is still working toward its 2040 net-zero goal but does not yet know every step needed to eliminate carbon emissions.
Public opposition to data centre construction is rising as communities debate AI infrastructure, energy use, jobs, and local impacts.
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