Microsoft and BlackRock Launch $30 Billion AI Infrastructure Fund
A new $30 billion fund from Microsoft and BlackRock aims to address AI's data center and energy infrastructure needs in the United States.
GM Electric Vehicle Drivers Gain Access to Tesla's Supercharger Network
General Motors becomes the third automaker to provide its EV customers access to Tesla's Supercharger network, marking a significant step in expanding charging infrastructure for electric vehicles.
Georgia Emerges as Leader in EV and Battery Manufacturing Investment
Georgia has attracted the highest private investment in electric vehicle and battery manufacturing among U.S. states, positioning itself as a key player in the growing EV industry.
Drivers Show Improved Attitudes Towards EV Range and Charging, Yet Hesitant to Fully Adopt
While concerns about electric vehicle range and charging infrastructure have decreased, overall demand for EVs has stagnated as buyers remain cautious about making the switch from conventional vehicles.
Russia's Energy Diplomacy: Forging Strategic Relationships Beyond Traditional Allies
Russia is leveraging its energy resources to build relationships with countries in Asia and the Global South, despite Western sanctions.
Declining Fuel Costs Impact US Political Landscape
Recent drop in gasoline prices poses challenges for certain political campaigns focusing on energy costs.
Biden Administration Explores Sovereign Wealth Fund for Strategic Investments
The White House is considering creating a US sovereign wealth fund to invest in national security interests, including technology, energy, and critical supply chain components.
Oil Prices Set to Decline Further as OPEC+ Struggles to Balance Market
OPEC+ production cuts may not be enough to prevent an oil surplus in 2025, with prices potentially falling towards $60 per barrel.
AI Boom Could Drive Down Oil Prices, Goldman Sachs Analysts Predict
Goldman Sachs analysts suggest that AI's impact on oil supply could outweigh increased demand, potentially leading to lower oil prices in the coming decade.