AI nuclear power firm Fermi finally has a new CEO
Lee McIntire, an independent member of Fermi’s board, has been hired as CEO, more than three months since the company fired co-founder Toby Neugebauer from the top post.
-
-
Reservoir raises $8M to make water heaters that people — and the grid — will actually want
Reservoir has built an ultra-efficient water heater that can predict hot water demand, store energy, and detect plumbing leaks throughout a home.
-
Kyoto Fusioneering starts work on key fusion power plant device
Fusion power startups are turning to Kyoto Fusioneering to supply components for future power plants. The Japan-based startup just received a grant to build a part of the fuel system.
-
Sila lands $1.4B Pentagon loan as militaries demand more batteries
Battery materials startup Sila will use a $1.4 billion loan from the U.S. Department of Defense to scale production at its factory in Washington State.
-
Planned Amazon data center could become the biggest climate polluter in the U.S.
As part of a planned Texas data center, Amazon is investing in an on-site power plant that could reportedly become the largest source of climate pollution in the United States.
-
SpaceX’s Terafab will rely on natural gas power plants, not Tesla solar panels
The fab is intended to build chips for data centers that will be run by SpaceX and its xAI subsidiary.
-
Trump administration has spent nearly $4B to cancel offshore wind farms
The Trump administration has now convinced developers to abandon 12 offshore wind leases. The latest will cost taxpayers $1.2 billion.
-
Meta’s natural gas binge could power South Dakota
Meta’s upcoming Hyperion AI data center will be powered by 10 new natural gas plants.
-
Commonwealth Fusion Systems leans on magnets for near-term revenue
Realta Fusion is buying magnets from Commonwealth Fusion Systems, providing a revenue stopgap.
-
AI | Climate | Enterprise
AI companies are building huge natural gas plants to power data centers. What could go wrong?
Meta, Microsoft, and Google are all betting big on new natural gas power plants to run their AI data centers. They may regret it.
