Author: bigboss
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Dan Ives: Tesla Navigating a Critical Juncture, Potential Challenges Looming
1. Tesla experienced a 20% drop in deliveries from the previous quarter and an 8% drop from the same time last year. 2. This is the first time since 2020 that Tesla has seen a year-over-year drop in quarterly deliveries. 3. Tesla attributed the drop in deliveries to various factors, including production ramp for the…
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Dominion Energy receives approval for 764MW solar capacity in Virginia
– Virginia regulators approved over a dozen new solar projects from Dominion Energy – The projects will have a combined capacity of 764MW – Dominion Energy expects the projects to create over 1,600 jobs and generate over $570m in economic benefits for Virginia Virginia regulators have approved over a dozen new solar projects from Dominion…
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Hailo secures $120 million in funding to continue competing with Nvidia as many AI chip startups face challenges
– Funding climate for AI chip startups is declining, with U.S. chip firms raising less money in 2023 compared to 2022. – Hailo, a startup co-founded in 2017, has found success in the AI chip space with specialized chips for edge devices. – Hailo has secured over 300 customers across various industries, and received a…
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Princeton partnering with Brightcore Energy to expand solar energy offerings
1. Brightcore Energy is developing a 2.2-MWDC solar portfolio for Princeton University in New Jersey. 2. The project includes rooftop and canopy-mounted structures on campus buildings. 3. Construction is set to begin in the summer of 2024 to support Princeton’s goal of achieving Net Carbon Neutrality by 2046. Brightcore Energy has been chosen to develop…
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Introducing Stargate: The $100 Billion AI Supercomputer Collaboration between Microsoft and OpenAI
– Microsoft and OpenAI are collaborating on a new AI supercomputer data center called Stargate, estimated to cost over $100 billion and expected to launch in 2028 – Stargate will be one of the largest and most advanced data centers in the world, using up to 5 gigawatts of power and spanning several hundred acres…
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The Symbiotic Relationship between Gas Turbine and Hydrogen Technologies is on the Rise
1. The future of gas turbines and hydrogen is linked, with OEMs working to develop greater hydrogen co-firing capabilities in gas turbines to meet potential future GHG emission guidelines. 2. Global hydrogen supplies are expected to grow, with companies like Siemens Energy and Mitsubishi Power developing electrolysis technology and hydrogen production projects. 3. Gas turbine…
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Encouragement from Kristine Gloria of the Aspen Institute for Women to Pursue Careers in AI and ‘Follow Your Curiosity’
1. TechCrunch is launching a series of interviews focusing on remarkable women who’ve contributed to the AI revolution to give them well-deserved recognition. 2. Kristine Gloria leads the Aspen Institute’s Emergent and Intelligent Technologies Initiative and has a background in cognitive science and media studies. 3. Gloria’s work in surfacing AI’s impact on marginalized communities…
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Lightshift and MN8 secure $425 million in funding for energy storage operations
– Lightshift has 20 BESS projects contracted, with a pipeline of over 4,000MW mainly in the Northeastern and Southeastern US – MN8 Energy secured $325 million through a private placement, with $200 million from Mercuria Energy Group and $125 million from Ridgewood Infrastructure – MN8 Energy has 3.2GW of solar PV projects in 28 states,…
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60 Food Bundles Are Lost at Sea as US Tries to Deliver Aid to Gaza
– Dozens of bundles of food fell into the sea during a US-Jordanian humanitarian aid drop in Gaza – In previous drops, essential relief for Palestinians has landed in the nearby Mediterranean, causing harm and even death – Despite challenges, the US and other countries continue to airdrop aid into Gaza to alleviate human suffering…
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Partnership announced for the development of 1GW battery pipeline in Italy
1. Renewable Power Capital and Altea Green Power partner for 1GW of battery energy storage in Italy. 2. The partnership aims to achieve ready-to-build status for the battery storage pipeline in the next two to four years. 3. Italy is seen as a promising market for battery energy storage investment, with an ambitious target of…