The global market for artificial intelligence (AI) chips is projected to skyrocket from $203.24 billion in 2025 to nearly $565 billion by 2032, driven by an insatiable demand for real-time analytics and generative AI capabilities. According to a new report by MarketsandMarkets™, the sector is forecast to expand at a …
Read More »Armenia Secures Key U.S. Approval for $500 Million AI Supercomputer Hub
An Armenian $500-million initiative to develop an artificial intelligence and supercomputer hub has taken a major step forward after US regulators approved the transfer of advanced Nvidia chips. The project is being developed by Firebird, an AI startup launched in June with offices in San Francisco and Yerevan, in collaboration …
Read More »Cheap Power Is the Secret to Winning the Global AI Race
Not long ago, the UK’s Prime Minister declared his government would turn the country into an “AI superpower”. The EU leadership has similar plans for the bloc—while China and the U.S. race ahead without looking back. Neither the UK nor the EU will catch up soon. Their energy is too …
Read More »Uzbekistan Invests $100 Million to Boost AI Sector
The Uzbek government is allocating $100 million to turbocharge the development of the country’s AI sector. A large chunk of the government funding is intended for initiatives to attract foreign investors to construct data centers in Karakalpakstan, an autonomous region in western Uzbekistan, Digital Technologies Minister Sherzod Shermatov said in …
Read More »Japan Joins Denmark in Pioneering Osmotic Energy Revolution
Japan just became the second country in the world to launch a commercial-scale osmotic energy plant, a big win for the little-known form of clean energy generation that first broke ground in Denmark. While osmotic energy is nascent and its testing grounds remain limited, it has big potential – The …
Read More »Yale Scientists Crack the Code on Turning Plastic Waste into Fuel
The world produces 460 million metric tons of plastic each and every year. But only about 9 percent of it gets recycled, leading to a ballooning plastic waste issue impacting every part of our planet, from the bottom of the Mariana Trench to the inside of your own skull. The …
Read More »EV Batteries Get Second Life in Energy Storage Revolution
Used and recycled electric vehicle batteries are getting a second chance at life through energy storage systems across the country. Lithium-ion batteries are retired from their role powering EVs when they still have a lot of life left in them, and repurposing them for one of the fastest-growing energy industry …
Read More »China Leads the World in AI Energy Innovation
China is increasingly integrating artificial intelligence into its energy system to increase the sector’s efficiency and enhance national energy security. From managing energy storage to more accurately forecasting energy supply and demand, large language models can make the whole sector smarter, by streamlining energy systems and minimizing waste. As early …
Read More »AI Race Brings Energy Reliability Back into Spotlight
Artificial intelligence is all over the media—and so is its energy consumption, which is spurring something of a new tech race. That race, however, besides innovation, includes some simpler moves, such as a return to a kind of power generator that had been consigned to history. Single-cycle gas turbines used …
Read More »The Battery Tech that could Replace Lithium
As governments and companies look to a future run on renewable energy, the need for utility-scale batteries is greater than ever. Currently, the dominant battery form is the lithium-ion battery, which is produced using lithium and other critical minerals, a market dominated by China. While this type of battery is …
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