Energy
New U.S. nuclear power boom begins with old, still-unsolved problem: What to do with radioactive waste
Castor containers for high-level radioactive waste. Ina Fassbender | Afp | Getty Images Nuclear power is back, largely due to the skyrocketing demand for electricity, including big tech’s hundreds of artificial intelligence data centers across the country and the reshoring of manufacturing. But it returns with an old and still-unsolved problem: storing all of the […]
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Google’s decade-long bet on custom chips is turning into company’s secret weapon in AI race
Sopa Images | Lightrocket | Getty Images Nvidia has established itself as the undisputed leader in artificial intelligence chips, selling large quantities of silicon to most of the world’s biggest tech companies en route to a $4.5 trillion market cap. One of Nvidia’s key clients is Google, which has been loading up on the chipmaker’s […]
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China’s key weapons in its AI battle with the U.S. — massive Huawei chip clusters and cheap energy
China is focusing on large language models in the artificial intelligence space. Blackdovfx | Istock | Getty Images It’s well known that Chinese semiconductors designed for artificial intelligence cannot compete with the American firm Nvidia. Yet, China has managed to continue developing highly advanced AI models, with many being run on homegrown chips. China’s secret? […]
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Robinhood doubles revenue as it beats third-quarter earnings expectations
Robinhood beat Wall Street expectations for the third quarter on Wednesday, extending a hot streak that has made it one of the biggest large-cap U.S. tech stocks this year. Here is how Robinhood’s results compared to Wall Street estimates, according to analysts surveyed by LSEG: Earnings per share: 61cents vs. 53 cents expected Revenue: $1.27 […]
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Trump nuclear power investment in Westinghouse could lead to IPO with U.S. government as shareholder
The Vogtle nuclear power plant is located in Burke County, near Waynesboro, Georgia in USA. Each of the two existing units have a Westinghouse pressurized water reactor (PWR), with a General Electric turbine and electric generator, producing approximately 2,400 MW of electricity. Two Westinghouse made AP 1000 reactors are under construction here. Pallava Bagla | […]
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Fossil fuel leaders herald the energy addition era: ‘Music to my ears’
Guests look at a model of the largest data center in the UAE under construction in Abu Dhabi as the Stargate initiative, a joint venture between G42, Microsoft, and OpenAI, during the Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC) in Abu Dhabi on November 3, 2025. (Photo by Giuseppe CACACE / AFP) (Photo by […]
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Aramco CEO says Saudi Arabia’s cheap energy will turn kingdom into a global AI data center leader
Saudi Arabia will capitalize on its abundant supply of cheap natural gas and renewables to transform the kingdom into a global leader in artificial intelligence, Aramco CEO Amin Nasser told CNBC in an interview. Aramco, the world’s largest oil company, disclosed in late October that it plans acquire a significant minority stake in the new […]
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BP beats third-quarter profit expectations on higher oil and gas production
The BP logo is displayed on a petrol tanker delivering fuel at a petrol station in Shepton Mallet on October 20, 2025 in Somerset, England. Anna Barclay | Getty Images News | Getty Images British oil giant BP on Tuesday reported stronger-than-expected third-quarter profit as higher crude and gas production outweighed a weak oil trading […]
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The global critical minerals race is heating up — and rare earths stocks are skyrocketing
A wheel loader takes ore to a crusher at the MP Materials rare earth mine in Mountain Pass, California, U.S. January 30, 2020. Steve Marcus | Reuters The emergence of critical minerals as a new arena of geopolitical competition has coincided with a dizzying rally in U.S.-listed rare earths mining stocks. Despite paring gains in […]
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OPEC+ pauses oil output hikes beyond December amid glut fears
The OPEC logo on the building of the Organization of the Petroleum Exporting Countries. Thomas Coex | Afp | Getty Images OPEC+ on Sunday agreed a small oil output increase for December and a pause in increases in the first quarter of next year as the producers’ group moderates plans to regain market share due […]
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