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Industry

Next-generation transformer development steps up to ease data centre power crunch

As power demand surges with the expansion of AI data centres, solid-state transformers are drawing attention as a way to ease grid bottlenecks because they are smaller and offer better power control than conventional transformers. In the United States, delivery times for some large transformers have stretched to as long as 5 years. Researchers developed a 1 MW prototype and tested it on a 13,200-volt distribution line, while private funding is also increasing.

Crypto

FTX-backed SWI Group to sell last three bitcoin mining sites in Kazakhstan, shift to AI infrastructure

Three remaining bitcoin mining sites in Kazakhstan operated by Genesis Digital Assets have been put up for sale. SWI Group, which controls Genesis Digital, is winding down Kazakhstan mining assets and shifting its focus to AI data centres. The Euronext Amsterdam-listed company raised 800 million euros and was valued at 6.1 billion euros. It said it will invest funds in power infrastructure and computing facilities in the United States and Sweden.

Games & Commerce

AI is changing motorsports by analysing radio traffic and finding crash traces

AI is being used in motorsports as a technical tool to improve vehicle performance, not just as a sponsor. Chip Ganassi Racing worked with OpenAI researchers this year to optimise car setups by analysing sensor and race data to support engineers’ decisions. AI use is spreading across the sport, with General Motors analysing radio communications and trackside images, and IBM and Dallara exploring faster aerodynamics simulations.