Wind turbines operate at a wind farm near solar panels on March 6, 2024 near Palm Springs, California. Mario Tama | Getty Images President Donald Trump on Wednesday said his administration will not approve solar or wind power projects, even as electricity demand is outpacing the supply in some parts of the U.S. “We will…
Treasury Secretary Scott Bessent on Tuesday accused India of profiteering from cheap Russian oil imports during the war in Ukraine, describing the practice as “arbitrage” and condemning it as unacceptable. “They are just profiteering. They are reselling,” Bessent told CNBC’s “Squawk Box” in an interview. “This is what I would call the Indian arbitrage —…
The artificial intelligence boom that Sam Altman helped ignite with ChatGPT in late 2022 is starting to make even him uneasy. Startups with little more than a pitch deck are raising hundreds of millions. Valuations have become “insane.” Capital is chasing a “kernel of truth” with feverish speed. The OpenAI CEO still believes the long-term…
OpenAI CEO Sam Altman warned that the U.S. may be underestimating the complexity and seriousness of China’s progress in artificial intelligence, and said export controls alone likely aren’t a reliable solution. “I’m worried about China,” he said. Over Mediterranean tapas in San Francisco’s Presidio — just five miles north of OpenAI’s original office in the…
Lenoir City, Tennessee, Electrical transmission equipment at the Fort Loudoun Dam, operated by the Tennessee Valley Authority. Jim West | UCG | Universal Images Group | Getty Images Alphabet’s Google and Kairos Power will deploy an advanced nuclear plant connected to the Tennessee Valley Authority’s electric grid by 2030, the companies announced Monday. TVA has…
A train transports oil tankers in Ajmer on July 7, 2025. Indian exporters are scrambling for options as they seek to mitigate the fallout of U.S. President Donald Trump’s threatened tariff salvo against the world’s most populous nation. Himanshu Sharma | Afp | Getty Images U.S. President Donald Trump‘s trade advisor Peter Navarro on Monday…
Sam Altman turned OpenAI into a cultural phenomenon with ChatGPT. Now, three years later, he’s chasing where the real money is: Enterprise. Last week’s rollout of GPT-5, OpenAI’s newest artificial intelligence model, was rocky. Critics bashed its less-intuitive feel, ultimately leading the company to restore its legacy GPT-4 to paying chatbot customers. But GPT-5 isn’t…
Russian hackers briefly abducted a dam in Norway in early April and dropped millions of gallons of water before stopping the attack, revealing Norway’s detective chief on Thursday. Hackers opened a floodgate in the Bremangar Dam in Western Norway, with control over the dam’s computer system to release about three Olympic sized swimming pools of…
Voltify plans to build a series of energy microgrids to power its locomotive batteries, as shown in this computer-generated image. Voltify Daphna Langer has a bold ambition: To decarbonize the rail industry in less than a decade. How? By convincing U.S. freight railroad companies to switch from diesel power to rechargeable batteries — part of…
Sopa Images | Lightrocket | Getty Images Lithium stocks surged Monday on reports that battery maker Contemporary Amperex Technology, CATL, suspended production at a mine in China that plays a key role in supplying the global market. Shares of U.S. miner Albemarle, based in Charlotte, North Carolina, jumped 7% to close at $80.76 and the…
