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Japan, US reveal 1st projects under Tokyo’s $550B investment package

- Japan agrees to invest $550 billion in US in return for 15% base tariff on nearly all Japanese imports entering the country, down from initial 24%

29.10.2025 Finance

Tiny energy cost per AI prompt could still carry global impact

- Google’s first comprehensive study shows a Gemini chat consumes 0.24 Wh of energy, 0.03 grams of CO2, and five drops of water

29.08.2025 Electricity General

Türkiye to deploy AI in oil and gas exploration

- AI model developed jointly by TPAO and Havelsan aims to cut costs, time, and reduce drilling risks

28.08.2025 Oil Upstream

US data centers' growing energy demand drives up electricity prices

- New investments in energy infrastructure to cool data centers running generative AI tools end up being passed on to end-consumers, resulting in price hikes

07.08.2025 Electricity

Trump touts energy, tech investments at Pennsylvania summit

- 'Today's commitments are ensuring that the future is going to be designed, built and made right here in Pennsylvania,' president says

16.07.2025 General

Capital flow in AI nearly tripled energy startup investments in 2024

- R&D spending growth at all-time low since 2020, with rise of only 1%, while AI spending takes much larger share amid global energy transition, according to International Energy Agency

11.06.2025 Electricity

Pakistan plans to allocate 2,000 megawatts of electricity for Bitcoin mining, AI data centers

- Islamabad's decision, which is 1st phase of national initiative to power, seeks to transform Pakistan into global leader in digital innovation

26.05.2025 Electricity Finance

Chip factory to be built in central Türkiye

- Facility in Sivas to produce solar cells, semiconductors with $400 million investment; mass production to begin in late 2026

09.05.2025 General

61 countries agree on 'open, inclusive, and ethical' AI at summit in France

- US, UK opted not to sign final statement, citing national interests and regulatory concerns

12.02.2025 General

DeepSeek's 'efficient' AI model sparks energy market shift

- DeepSeek's AI model disrupts energy demand expectations and is reshaping market projections, experts say

06.02.2025 General

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EU redoubling efforts to boost bloc’s competitiveness

- ‘Days of relying on Chinese cheap labor, Russian cheap energy are over,’ says European Commission President Ursula von der Leyen on Competitiveness Compass plan

30.01.2025 General

Chevron, Engine no. 1 and GE Vernova team up to power US data centers

-Deal aims to deliver up to 4 gigawatts with initial in-service targeted by end of 2027 and potential for project expansion beyond this capacity

29.01.2025 Electricity

World Economic Forum: 78M net new jobs to be created worldwide by 2030

- Tech-related, big data, and AI-focused jobs make up fastest-growing positions, while frontline jobs in delivery driving, construction, education, and nursing to keep rising

08.01.2025 General

Meta seeks advice from nuclear power developers to help meet its AI goals

- 'As we look ahead to our next decade of innovation and growth, we are planning for our data center energy needs while simultaneously contributing to a reliable grid,' says tech giant

04.12.2024 Nuclear