Schneider Electric Develops Energy-Optimized Data Center Solutions for AI Infrastructure Growth
Schneider Electric partners with Nvidia to create reference designs for AI data centers, targeting 20% reduction in cooling energy consumption. The collaboration addresses surging electricity demand as AI workloads expand globally.
General Motors Repurposes EV Batteries for Grid-Scale Energy Storage Applications
GM collaborates with Redwood Materials to transform retired electric vehicle batteries into power storage systems for AI data centers. The initiative supports America's largest second-life battery installation in Nevada.
Major Energy Infrastructure Investment Targets AI Data Center Expansion in Pennsylvania
A coalition of technology and energy companies announced over $90 billion in investments to develop AI infrastructure and energy capacity in Pennsylvania. The initiative focuses on meeting surging electricity demands from data centers, with global consumption expected to double to 945 terawatt-hours by 2030.
Caterpillar's Energy and Transportation Segment Outpaces Construction, Driven by Data Center Demand
Caterpillar's growth is now led by powering data centers, with the energy and transportation segment outperforming construction for the first time.
Tesla and Ford Accelerate EV Sales Ahead of Tax Credit Expiration
Tesla and Ford are pushing to sell more electric vehicles before the $7,500 tax credit ends in September due to new legislation.
Tesla Faces New Wave of Model Y Competitors in China's EV Market
Tesla's sales in China are declining as new rivals like Xiaomi and Xpeng launch competitive electric SUV models aimed at the popular Model Y.
EV Tax Credit Expiration Could Boost Short-Term Sales
The $7,500 federal tax credit for new electric vehicles is set to expire on September 30, potentially driving a surge in EV purchases before the deadline.
AI Dominates Tech Hiring Landscape, Reshaping Job Market
Redpoint Ventures' analysis shows AI companies leading tech hiring, with machine learning roles commanding premium compensation.
Elon Musk Launches 'America Party' Amid Feud with Trump
Tesla CEO Elon Musk announced the formation of a new 'America Party' on social media, escalating his conflict with President Trump over recent legislation.