Energy
Trump officials to announce plan to boost coal output
A drone view shows coal being prepared for transport, along the Kanawha river outside of Charleston, West Virginia, March 19, 2025. Evelyn Hockstein | Reuters The U.S. is set to announce on Monday policies to try to boost the output of coal, the Interior Department said, as the Trump administration seeks to reverse the decline […]
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Trump is wielding the power of the state to back critical mineral companies. These are the possible next targets
The Trump administration needs to strike multiple deals with U.S. miners to secure the nation’s supply chain against China, said Mark Chalmers, CEO of Energy Fuels, a miner focused on uranium and rare earth minerals. The Pentagon decision to take an equity stake in MP Materials, the largest U.S. rare earth miner, in July and […]
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Anthropic to triple international workforce in global AI push
Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Anthropic is stepping up its global enterprise ambitions. The $183 billion artificial intelligence startup has grown its business customer base from under 1,000 to more than 300,000 in just two years, as demand for Claude’s models accelerates across industries and regions. On Friday, the company […]
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OpenAI’s historic week has redefined the AI arms race for investors: ‘I don’t see this as crazy’
OpenAI CEO Sam Altman listens to questions at a Q&A following a tour of the OpenAI data center in Abilene, Texas, U.S., Sept. 23, 2025. Shelby Tauber | Reuters This week, OpenAI redefined what momentum — and risk — look like in the artificial intelligence arms race. Now comes the hard part: Executing on CEO […]
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Oil giant BP quietly steps out of the takeover spotlight
British oil and gasoline company BP (British Petroleum) signage is being pictured in Warsaw, Poland, on July 29, 2024. Nurphoto | Nurphoto | Getty Images Five months ago, British energy major BP was firmly in the spotlight as a prime takeover candidate. Now, not so much. Shares of the London-listed oil giant have climbed more […]
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Shale oil execs say Trump policies are hurting investment, ‘business is broken’
U.S. President Donald Trump speaks during the 80th session of the United Nations General Assembly (UNGA) at the UN headquarters on Sept. 23, 2025 in New York City. Chip Somodevilla | Getty Images Shale oil executives say President Donald Trump is hurting investment in the oil patch, and are giving a grim outlook for the […]
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Lithium Americas soars nearly 80% as Trump administration seeks equity stake in Canadian miner
A Lithium Americas worker processes lithium at the company’s Reno, Nevada R&D lab. Lithium Americas stock soared Wednesday as the Trump administration is seeking an equity stake in the mining company, which is based in Vancouver, British Columbia. The White House proposed the equity stake as Lithium Americas renegotiates the terms of a $2.2 billion […]
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Sam Altman on OpenAI’s $850 billion in planned buildouts: ‘People are worried. I totally get that’
Sam Altman, chief executive officer of OpenAI Inc., during a media tour of the Stargate AI data center in Abilene, Texas, US, on Tuesday, Sept. 23, 2025. Kyle Grillot | Bloomberg | Getty Images ABILENE, Texas — Sam Altman stood on a patch of hot Texas dirt, the kind that turns to dust storms on […]
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Nvidia’s and OpenAI’s ‘monumental’ data center plan has an equally massive problem: Where to find the power
Nvidia CEO Jensen Huang told CNBC this week that the chipmaker’s AI infrastructure plan with OpenAI is “monumental in size.” Their plan is so big that it will push the boundaries of what is possible. The chipmaker and the AI lab are aiming to build at least 10 gigawatts of data centers. This will sap […]
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Altman, Huang and the last-minute negotiations that sealed the $100 billion OpenAI-Nvidia deal
Sam Altman, CEO of OpenAI (L), and Jensen Huang CEO of Nvidia. Reuters ABILENE, Texas – Sam Altman had a deadline. OpenAI’s CEO was headed to Texas to unveil his company’s next big infrastructure push, and Nvidia CEO Jensen Huang wanted in on the action. Through a series of hurried negotiations, late-night calls and last-minute […]
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