Nantong, China – Power-hungry data centers run hot, so one Chinese company is planning to submerge a pod of servers in the sea off Shanghai with hopes of solving computing’s energy woes. On a wharf near the city, workers were finishing off the large yellow capsule — a foray into alternative tech infrastructure that faces…
China has assembled the world’s largest single-unit floating offshore wind power system as it accelerates efforts to expand its marine economy and clean energy industry. Assembly of the 16-megawatt system has been completed in Beihai, in South China’s Guangxi Zhuang autonomous region, Science and Technology Daily reported on Wednesday. All of its key parts, from…
With artificial intelligence use growing rapidly, demand for data centres — which eat up vast amounts of energy — is ballooning – Copyright AFP STR Emily WANG, Jing Xuan TENG Power-hungry data centres run hot, so one Chinese company is planning to submerge a pod of servers in the sea off Shanghai with hopes of…
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 OpenAI has finalized a secondary share sale totaling $6.6 billion, allowing current and former employees to sell stock at a record…
The electric vehicle revolution is often framed as a climate imperative—a way to cut carbon emissions and slow global warming. But the race to electrify automotive fleets is not just about the transportation sector: EVs are the gateway to a new military-industrial era. And China is already winning. While the U.S. dithers over charging stations…
Late last week, US President Donald Trump used separate social media posts to announce several new tariffs, described later as the “bonfire of the bathroom vanities”. That’s because there’s a new 50 per cent tariff on imports of kitchen and bathroom cabinets, plus 100 per cent on pharmaceuticals, 30 per cent on upholstered furniture and 25 per…
A Peterbilt 579 truck equipped with Aurora’s self-driving system is seen at the company’s terminal in Palmer, south of Dallas, Texas, September 23, 2021. Tina Bellon | Reuters Shares of Paccar jumped Friday after President Donald Trump announced that he will impose a 25% tariff on imported heavy trucks beginning Oct. 1. Paccar was last…
Shares of electricity generation and hydrogen production company Bloom Energy (NYSE:BE) fell 11.8% in the morning session after Jefferies downgraded the stock to ‘Underperform’ from ‘Hold,’ citing concerns about the company’s high valuation and uncertain long-term growth. The investment firm warned that investor enthusiasm had run ahead of the company’s fundamentals. Analysts at Jefferies noted…
A Lithium Americas worker processes lithium at the company’s Reno, Nevada R&D lab. Lithium Americas stock doubled 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…
Shares of electricity generation and hydrogen production company Bloom Energy (NYSE:BE) fell 8% in the afternoon session after BofA Securities maintained its “Underperform” rating on the stock, even while it raised its price target. The bank lifted its price view to $24.00 from $21.00. However, the maintained “Underperform” rating signaled that the analyst still saw…