This year Big Tech got into the energy game in a big way, and if it wants to chase AI it’ll need even more energy in years to come.
Our daily email brings you smart and engaging news and analysis on the biggest stories in business and finance. For free.
FERC kiboshed a bid to increase the amount of power that a nuclear plant in Pennsylvania is allowed to supply to one of Amazon’s data centers.
A group of 14 large banks and other financial institutions announced that they’re going to up their support for the nuclear power industry.
AI’s energy needs are enormous, and could have a once-in-a-generation impact on the electricity market.
Novo Nordisk on Wednesday announced an expanded deal with healthtech firm Valo Health to use AI to fuel drug discovery.
A spill of new data Wednesday sent oil futures slipping and sliding in opposite directions. So is Big Oil’s tank is half-full or half-empty?
On Tuesday, the overall yield on the US 10-Year Treasury Bond touched its highest intraday point, 4.699%, since last spring.