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The Trump administration announced Tuesday it would provide Constellation Energy with a $1 billion loan to restart a nuclear reactor at Three Mile Island. The energy company said last year it would reopen the reactor, which had been shuttered since 2019, after Microsoft committed to purchasing all the electricity from the 835 megawatt power plant…
President Trump had planned an operation to “surge” San Francisco by marching National Guard troops into the city, but was convinced to alter course, he said on a post on his social network Truth Social on Thursday. Nvidia’s Jensen Huang and Salesforce CEO Marc Benioff were among the tech industry’s luminaries who called him and…
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…
The Department of Energy is looking to cut billions more in federal funding, and many promising startups as well as automakers Ford, General Motors, and Stellantis could be affected by the Trump administration’s decision. The proposed cuts would cancel more than $500 million of contracts awarded to more than a dozen startups, according to a…
Top tech names were on the guest list for the banquet thrown for President Trump during his second state visit to the U.K. on Wednesday. The banquet seating chart included Nvidia CEO Jensen Huang; Apple CEO Tim Cook; venture capitalist and White House AI and crypto czar David Sacks; Alphabet and Google president Ruth Porat;…
U.S. border agents searched more electronic devices during a three-month period than ever before, according to new government statistics. The data shows that U.S. Customs and Border Protection, the agency tasked with immigration screening at the U.S. border, searched 14,899 devices of international travelers between April through June, a 17% rise on the previous record…
The Trump administration continues to meddle with semiconductor giant Intel. The U.S. government is reportedly in discussions to take a stake in Intel, according to reporting from Bloomberg. This deal would be structured to help the company expand its U.S. manufacturing efforts, including its much-delayed Ohio chip factory. This news comes less than a week…
When DeepSeek, Alibaba, and other Chinese firms released their AI models, Western researchers quickly noticed they sidestepped questions critical of the Chinese Communist Party. U.S. officials later confirmed that these tools are engineered to reflect Beijing’s talking points, raising concerns about censorship and bias. American AI leaders like OpenAI have pointed to this as justification…
The founder of a spyware company who was banned from the surveillance industry following an earlier data breach is now seeking to undo the ban, according to the Federal Trade Commission. In a notice on Friday, the federal watchdog said Scott Zuckerman sought to rescind or modify the 2021 ban imposed by the FTC on…
Elon Musk spent the last several months knee deep in government, sidelining his companies to pursue a longstanding Republican quest to weed out alleged waste and fraud. Then, a few weeks ago, House Republicans passed a bill with provisions that would kneecap Tesla. Now, Musk is fuming that the bill is “a disgusting abomination.” Plenty…