Author: bigboss
-
Torus and Alsym secure $145m in funding for non-lithium energy storage technologies
1. Alsym raises $78 million in venture capital funding from Tata Sons and General Catalyst for its mystery non-lithium battery technology 2. Torus to scale up flywheel tech and software offering for residential and commercial energy storage systems and virtual power plant solutions 3. Torus adds talent to team and board members Brent Hill and…
-
Hitachi Rail introduces new long-distance hybrid battery trains in Italy
– Hitachi Rail unveils first long-distance hybrid battery train for Trenitalia – Train to cut carbon emissions by 83% – Part of wider €1.23 billion ‘Blues’ framework agreement with Trenitalia and Hitachi Rail Hitachi Rail has introduced its first long-distance hybrid battery train, set to reduce carbon emissions by 83% when it starts operating later…
-
Create personalized AI playlists with Spotify’s new feature using prompts
– Spotify introduces AI playlists in beta for playlist creation based on written prompts – The feature will be available initially in the U.K. and Australia on Android and iOS devices – Users can customize playlists with prompts referencing various topics and refine the end result using commands like “less upbeat” or “more pop” Spotify…
-
TotalEnergies introduces new battery storage initiative in Belgium
– TotalEnergies announced the development of a second battery storage project in Belgium, to be located in Feluy, with a capacity of 25 MW and 75 MWh. – The project will use 40 Intensium Max High Energy lithium-ion containers supplied by Saft and is expected to be operational by the end of 2025. – TotalEnergies’…
-
Uber Eats is experimenting with a new feature similar to TikTok
– Uber Eats is experimenting with short-form video content similar to TikTok – The new feature will showcase restaurants preparing their food in video clips – The video feed is currently being tested in New York, San Francisco, and Toronto with plans to expand to more cities in the future Uber Eats is testing a…
-
Minnesota to provide rebates for qualifying E-bikes, covering up to 75% of the cost
1. Minnesota residents can apply for e-bike rebates worth up to 75% of the cost of an e-bike and accessories. 2. Eligibility criteria include being a Minnesota resident, at least 15 years old, and not claimed as a dependent in the previous tax year. 3. Applications open on June 5th, 2024, and rebate certificates will…
-
Microsoft and Quantinuum could lead the next era of quantum computing, suggests TechCrunch Minute
1. Tech world focused on AI, but quantum computing progress is significant. 2. Microsoft and Quantinuum made breakthrough in quantum error correction. 3. Quantum computing advancements could revolutionize current technology. While the tech world is currently focused on artificial intelligence (AI) and its applications, recent progress in quantum computing, as seen in a breakthrough by…
-
Smart Mining: The Impact of the Internet of Things on the Mining Sector
– Mining industry facing pressure to improve efficiency due to declining ore grades, dispersed reserves, and rising costs – Innovative technologies like AI, cloud computing, and IoT can enhance on-site efficiency, productivity, and safety – Adoption of IoT in mining industry is growing, with a focus on connectivity, predictive maintenance, and sustainability efforts to reduce…
-
US Investment in TSMC Highlighted by Rising China tensions
1. The United States Department of Commerce proposed investing $6.6 billion in a new TSMC fab in Arizona to foster domestic semiconductor production. 2. The move aims to bring more manufacturing to the U.S. but could escalate tensions with China due to the geopolitical implications. 3. The proposed fab would create thousands of jobs, with…
-
Skyline Smart Energy CFO Kevin Burke Discusses Achieving Solar Success with ERP Technology
1. Skyline Smart Energy achieved a 10% cost savings and a 10-15% labor savings by implementing a solar ERP and sunsetting 4 legacy systems. 2. The close process for the business went from 6 weeks to just 2 weeks after implementing new systems and tools. 3. Kevin Burke, CFO of Skyline Smart Energy, shares their…