Thiel Macro LLC, the investment firm of Peter Thiel, disclosed a $418.7 million portfolio of eight U.S. equity positions as of June 30, 2026, with seven of the eight bets targeting the physical energy…
Buzz Solutions, a Palo Alto-based company, raised $20 million in an oversubscribed Series A funding round led by S3 Ventures to expand its AI-powered grid intelligence platform, PowerAI. The platform …
American Electric Power's subsidiary Appalachian Power outbid a data center developer to acquire a power plant in West Virginia, intensifying competition for baseload electricity as AI infrastructure …
President Donald Trump on Thursday announced a voluntary pledge with governors and electricity companies to shield U.S. consumers from higher utility bills from data centers, but analysts at ICF proje…
US President Donald Trump defended the rapid spread of AI data centres on Thursday, saying 'very smart communities' want the projects despite public concerns over rising utility costs. Trump made the …
Nearly 200 utilities, data center operators and other organizations have signed the White House's Ratepayer Protection Pledge, a voluntary initiative to prevent AI infrastructure growth from driving u…
Data centers are expected to consume one-fifth of U.S. electricity by 2035, quadrupling current usage, according to a BloombergNEF report. The surge in AI compute will drive data center capacity to ne…