Search results for Department of Energy
Industry
Trump moves to review power generation permit, again stalling offshore wind project
The Donald Trump administration is seeking to re-examine approvals for Revolution Wind, a large offshore wind project that has already begun supplying electricity. The U.S. Interior Department asked a federal court to send the matter back to the agency so it can review the construction and operations plan approval. The move stems from a lawsuit filed by anti-wind group Green Oceans. Connecticut criticised the action, saying it undermines power stability and investment predictability.
Industry
Nvidia to invest $1 billion over five years in quantum computing and U.S. science
Nvidia said on Oct. 12 it will invest and provide support totaling $1 billion over the next five years to advance superintelligence technologies in U.S. science and quantum computing. Key target areas include quantum computing, healthcare and energy security. The funding will support U.S. higher-education research institutions, increase investment aimed at strengthening quantum computing leadership, and include support for cloud service providers backing major U.S. government missions.
AI & Enterprise
Google, Meta to invest $300 million in \'virtual cells\' for AI disease research
Google DeepMind, Meta and AI drug discovery company Isomorphic Labs will invest a combined $300 million in a large AI biology project to study disease. The funding will support Biohub’s Virtual Biology initiative, which aims to build large biological datasets and develop virtual cell models to predict how cells respond to disease, drugs and other interventions. The effort will also draw on funding, data and computing and measurement technologies totalling $1.8 billion.
-
Industry
U.S. to spend $5.25 billion on grid upgrades in 26 states, target 23 GW added capacity
-
Crypto
U.S. signals release of up to 40 million barrels from SPR, possible ripple effects on bitcoin
-
Industry
Korea science ministry to boost global cooperation with fusion technology leaders
-
Mobility
EV battery replacement has its own timing; range drop alone misses signals
-
Industry
U.S. effectively bars Chinese batteries for power grids, putting energy storage market on alert
-
AI & Enterprise
Trump regulation puts AI data centers on alert; costs could jump if Chinese equipment is blocked
-
AI & Enterprise
South Korea, U.S. expand cooperation in nuclear, high-energy fields, set up bilateral quantum panel
-
Telecommunications & Media
Trump bans foreign power-grid systems again, declares national emergency, targets Chinese equipment
-
Industry
Anthro Energy breaks ground on U.S. battery materials plant to pave way for all-solid-state batteries
-
AI & Enterprise
OpenAI to lease 10-GW Ohio data centre for 20 years; Nvidia to guarantee up to $105 billion in rent
-
Crypto
U.S. Senate introduces quantum technology bill; will post-quantum cryptography adoption speed up
-
Crypto
Work that took 1 hour now done in 15 seconds as quantum advances raise Q-Day concerns
-
Industry
U.S. power grid key equipment \'transformer\' in short supply; import reliance 80 percent, lead times up to 5 years
-
Industry
Rubidium supply crunch looms after semiconductors as quantum computing spreads
-
AI & Enterprise
Transformer shortage pushes lead times to up to 4 years as AI data centre, EV demand surges