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Electrek (auto-discovered)

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23:21
2026-06-10
electrek.co
ai-infrastructure

GM is betting on battery cells that don’t use lithium

General Motors is partnering with Peak Energy to develop sodium-ion battery cells for grid-scale energy storage, not for electric vehicles. GM Ventures is making a strategic investment in Peak Energy,…

21:41
2026-06-05
electrek.co
ai-infrastructure

T1 Energy buys KORE Power to cash in on the AI power boom

T1 Energy, formerly FREYR Battery, is acquiring KORE Power for approximately $32 million in equity, cash, and assumed debt to expand into the battery storage and AI data center markets. The deal, expe…

13:58
2026-06-05
electrek.co
autonomous-vehicles

Xpeng spends $500M/year on AI training to beat Tesla FSD

Chinese electric vehicle maker Xpeng is spending approximately $41 million per month, or nearly $500 million annually, on AI training for its autonomous driving systems. The company's head of autonomo…

12:58
2026-06-04
electrek.co
artificial-intelligence

SpaceX’s xAI just bought another $269M of Tesla Megapacks

SpaceX’s xAI purchased an additional $269 million worth of Tesla Megapack products in April 2026 alone, according to an amended S-1 IPO filing published yesterday. That single month’s spending exceede…

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