Author: bigboss
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Y Combinator graduate Matterport acquired by real estate giant CoStar at a 212% premium
– Matterport acquired by customer Costar in cash-and-stock deal valued at $1.6 billion – Premium of 212% offered over Matterport’s previous closing share price before deal announcement – Costar plans to incorporate Matterport’s virtual tours into its real estate marketplaces to enhance user experience and promote their brands Digital twin platform Matterport has agreed to…
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Global Utility Alliance Advocates for Triple the Capacity of Renewable Energy
– Utilities for Net Zero Alliance (UNEZA) aims to increase renewable energy generation capacity to 749 GW by 2030, a 250% increase over current capacity – UNEZA, led by TAQA, has members such as National Grid, Enel, EDF, and Edison International, focusing on collaboration to address energy transition challenges – Investment of $720 billion annually…
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Phi-3 by Microsoft: A Compact AI Model Outperforming Larger Competitors
– Microsoft has introduced the Phi-3 artificial intelligence model, which is small in size but performs well compared to larger models like GPT-4, Gemini, and Llama 3. – Phi-3 comes in three sizes, with the smallest model having 3.8 billion parameters, and is designed to run on a wider range of devices faster than larger…
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Local energy storage system manufacturing is ‘more intricate’ than solar manufacturing.
– Company considering battery cell manufacturing for domestic content incentives – Uncertainty surrounding US election prompt close monitoring of developments – Transition to proprietary BESS Solbank DC block platform leading to increased deployments in US market E-Storage is considering manufacturing battery cells in the US as part of its strategy to increase domestic content incentives.…
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Ford Dealer Rescued Me From a Billing Disaster
– Tesla EVs come with an adapter to charge at non-Tesla chargers – The adapter doesn’t work with the Cybertruck, according to Tesla – A Ford dealership came to the rescue when the design flaw almost stranded the writer Tesla EVs typically come with an adapter that allows them to charge at non-Tesla chargers, but…
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Unlocking Energy Investments in Africa: Insights from WEC
– Africa receiving only 3% of global energy investment despite being home to one-fifth of the global population – Challenges in accessing affordable loans and high interest rates in Africa hindering energy investment – Solutions include blended financing, increasing risk appetite for private investors, and ensuring good governance and sustainability in energy projects. The importance…
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Sources say Perplexity is in the process of raising over $250 million at a valuation between $2.5 and $3 billion for its AI search platform.
– Perplexity, an AI search engine startup, is currently raising at least $250 million more at a valuation of between $2.5 billion and $3 billion. – The company has seen significant growth in fundraising, with two recent rounds in January and March, and is now looking to raise another round to capitalize on market attention.…
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Eneco Solar selects GOLDBECK SOLAR to construct new solar park
– Goldbeck Solar contracted to build Kabeljauwbeek ground-mounted solar plant for Eneco Solar in the Netherlands – Solar park will have around 88,000 solar modules and generate 44,500 MWh/y of green electricity – Construction of the 51 MWp solar park began in March 2024 and is expected to be completed by the end of 2024…
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Interview with Radovan Kavicky, AI and Data Science Evangelist at AIslovakIA
1. Radovan Kavicky is an AI & Data Science Evangelist at AIslovakIA and the President of the GapData Institute in Slovakia. 2. Radovan is passionate about Data Science & AI, and has worked on AI implementations in various ministries, including the Ministry of Justice in Slovakia. 3. Radovan emphasizes the importance of open collaboration, implementing…
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Universities and Colleges Collaborate on Major Solar Energy Initiative
1. Kentucky ranked #43 in installed solar capacity but is seeing growth with new giant solar arrays. 2. Power purchase agreements are helping to drive the growth of solar power in Kentucky. 3. Colleges and universities in Kentucky, North Carolina, and Pennsylvania are partnering on a 150-megawatt solar power plant project, with the potential for…