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It’s no secret that AI data centers have been straining the grid. But Silicon Valley has been relatively insulated from it all, thanks to high land and power prices that have pushed hyperscaler projects elsewhere. The tech elite might soon get a taste of the power crunch, though. The Bay Area’s vacationland, Lake Tahoe, has…
Venture capitalists have placed increasingly bigger bets on AI startups, investing over half a trillion dollars into the sector over the last five years. But these days, the smartest AI investment might be in energy, according to a report by Sightline Climate. Researchers found that up to 50% of data center projects that have been…
Google may have signed on to President Trump’s toothless power pledge, but it’s clear the company started working months ago on a framework to power its data centers. On Thursday, Google said it will work with Michigan utility DTE to add 2.7 gigawatts of “new resources” in suburban Detroit to power a new data center…
Google, Tesla, and data center developer Verrus are among a group of companies arguing that the electrical grid is being underutilized and they want everyone — especially politicians — to know about it. The three companies along with HVAC giant Carrier, virtual power plant company Renew Home, distributed energy resource developer Sparkfund, and smart electrical…
As AI data centers drive up electricity prices, London-based startup Tem thinks AI might be able to help solve it, too. Tem has built an energy transaction engine that relies on AI to cut prices relative to other energy traders. The company has signed up more than 2,600 business customers throughout the U.K. on the…
One of the nicest comments people have made about the electrical grid was … nothing. The grid works best when it fades into the background. That low-profile status has changed in recent years as fires in California and freezes in Texas raised awareness of the electrical grid. But it was in 2025, when the electrical grid…
The Department of Energy said Thursday that it had finalized a $1.6 billion loan guarantee to upgrade around 5,000 miles of transmission lines. The grid upgrades would ease the flow of electricity in Indiana, Michigan, Ohio, Oklahoma, and West Virginia. The project, which will address lines owned by American Electric Power, won’t add any new…
Heron Power, the electrical grid-focused startup founded by former Tesla executive Drew Baglino, announced Thursday it has raised $38 million in a Series A funding round. Heron Power is developing solid-state transformers, which promise to be more compact and responsive than the century-old analog models. Transformers are key parts of the electrical grid, stepping voltage…
Hyperscalers and data center developers are in a pickle: They all want to add computing power tomorrow, but utilities frequently play hard to get, citing years-long waits for grid connections. “All the AI data centers are struggling to get connected,” Amit Narayan, founder and CEO of Gridcare, told TechCrunch. “They’re so desperate. They are looking…
Former Tesla executive Drew Baglino has a new startup developing solid-state transformers for the electric grid, Axios reported. The new company, Heron Power, is raising between $30 million to $50 million for a Series A, according to the report, with Capricorn Investment Group pegged to lead the round. Baglino was a longtime employee at Tesla,…