Noteworthy AI, founded by CEO Christopher Ricciuti, raised $15,009,995 in an equity offering, according to an SEC Form D filed August 26, with 18 investors and a target of $18,234,987, leaving $3,224,…
Wood Mackenzie estimates that only about 28% of the 1,066 gigawatts of power requested by U.S. data center developers will ultimately be supplied, creating a major planning problem for the electrical …
PJM Interconnection's capacity auction for 2028-29 cleared at the maximum price of $325 per megawatt-day, with supply falling 6.8 gigawatts short, as data center demand drives up electricity costs. Mo…
Exelon CEO Calvin Butler warned that U.S. blackouts could begin as early as 2027 due to surging energy demand from AI data centers, which have pushed grid capacity to its limits. Nearly 400,000 Exelon…
Energy and technology companies are investing approximately $1.1 trillion in infrastructure over the next five years to meet surging electricity demand from AI workloads, according to a Fox News Speci…