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AI & Enterprise

Meta to tap space solar power to secure round-the-clock electricity for data centres

Meta will invest in space-based solar power transmission technology to secure night-time electricity for its data centres. It signed a power capacity reservation agreement of up to 1 gigawatt with startup Overview Energy, its first major demand contract. Meta data centres used more than 18,000 gigawatt hours of electricity in 2024. Overview Energy plans to collect solar energy via satellites and send it as near-infrared beams to ground solar plants.

AI & Enterprise

OpenAI revamps operating principles for first time in 6 years, shifts focus to broader AI and infrastructure

OpenAI has overhauled its core operating principles for the first time since 2018, shifting its focus away from placing artificial general intelligence (AGI) at the center. Business Insider reported that CEO Sam Altman unveiled five principles for a frontier-model research lab. The new document mentions AGI far less, stresses society’s need to respond to AI capabilities at each stage, and drops language about halting competition. It also calls for broader, more democratic AI decision-making and large-scale global infrastructure to lower costs.

Industry

Samsung SDI posts Q1 revenue of 3.58 trillion won; operating loss narrows to 155.6 billion won

Samsung SDI said on April 28 it posted first-quarter revenue of 3.58 trillion won and an operating loss of 155.6 billion won. Revenue rose 12.6 percent from a year earlier, while the operating loss narrowed 64.2 percent. Net profit came to 56.1 billion won, returning to the black. Battery business revenue rose on recovering demand, while electronic materials improved on steady semiconductor sales and higher display materials sales.