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We have been talking about wave energy for decades. It shows up in climate briefings, TED talks, and renewable energy roadmaps with the same promising but perpetually tentative language: potential, emerging, coming soon. So when a company actually delivers a milestone that moves it out of the “maybe someday” category, it deserves more than a…
Applied Computing, a London-based startup that’s building a foundation AI model for the oil, gas and petrochemical industry, has raised a $20 million Series A led by engineering giant KBR, with Databricks Ventures participating. Founded in 2023, the startup targets oil, gas, refining and petrochemical systems, where a single facility can have thousands of sensors…
Off the rugged coast of Bilbao, quietly bobbing in the Bay of Biscay, is a 42-meter steel buoy most people have never heard of. It has no viral launch campaign, no sleek consumer interface, and no celebrity endorsement attached to it. But the MARMOK-A-5, designed by Spanish engineering firm IDOM, just did something that deserves…
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…
As tech companies tout their plans for massive new data centers, consumers are increasingly worried the AI-driven gold rush will ultimately drive up the price they pay for electricity, according to a new survey. The report, commissioned by solar installer Sunrun, found that 80% of consumers are worried about the impact of data centers on…
Crypto markets reel from a crash, Binance pledges relief, JP Morgan to offer crypto, and corporations are stacking BTC as Elon Musk praises it. After surging to a record high above $126,000, Bitcoin and the broader crypto market have been shaken by unprecedented volatility — literally. On Friday, crypto markets saw their largest-ever liquidation event, totaling…
Imagine a future where the walls and floors of your home do more than just support your furniture. They actually store and supply electricity as well. This vision is coming closer to reality thanks to innovative research from scientists at MIT. Their latest breakthrough centers around a new type of carbon-infused concrete that can conduct…
Akash founder Greg Osuri told Cointelegraph that AI may soon need nuclear power and called for a more sustainable approach to training models. Artificial intelligence is hitting a wall on energy, and as models grow, training them may soon require the same output as a nuclear reactor, according to Akash Network founder Greg Osuri. In…
Russian hackers briefly hijacked a dam in Norway in early April and spilled millions of gallons of water before the attack was stopped, Norway’s spy chief revealed Thursday. The hackers opened a floodgate at the Bremanger dam in western Norway to release the equivalent of about three Olympic-sized swimming pools of water during the four…
Shares in IREN Ltd closed trading on Wednesday up 11.4% after it reported mining more Bitcoin than MARA Holdings in July. Shares in IREN Ltd popped 11.4% after the Bitcoin miner posted $86 million in revenue for July, outperforming industry heavyweight MARA Holdings in Bitcoin production. On Wednesday, IREN reported mining 728 Bitcoin (BTC) in…