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New datacentres risk doubling UK electricity use, regulator says

Ofgem says about 140 proposed projects, driven by AI use, could require more power than current peak demandThe amount of power being sought by new datacentre projects in the UK would exceed the country’s current peak electricity consumption, according to an industry watchdog.Ofgem said about 140 proposed datacentre schemes, driven by use of artificial intelligence, […]

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The Week’s 10 Biggest Funding Rounds: World Labs Leads Another AI-Heavy Lineup

Want to keep track of the largest startup funding deals in 2025 with our curated list of $100 million-plus venture deals to U.S.-based companies? Check out The Crunchbase Megadeals Board. This is a weekly feature that runs down the week’s top 10 announced funding rounds in the U.S. Check out last week’s biggest funding deal

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‘A different set of rules’: thermal drone footage shows Musk’s AI power plant flouting clean air regulations

Images confirm xAI is continuing to defy EPA regulations in Mississippi to power its flagship datacentersElon Musk’s artificial intelligence company is continuing to fuel its datacenters with unpermitted gas turbines, an investigation by the Floodlight newsroom shows. Thermal footage captured by Floodlight via drone shows xAI is still burning gas at a facility in Southaven,

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January Delivers Highest New Unicorn Count In More Than 3 Years

A total of 31 companies joined The Crunchbase Unicorn Board in January, the largest count of companies to join in a single month since June 2022. Collectively, those companies added $9.3 billion in funding and $58.5 billion in value to the board. And underlining the pace at which some startups are now sprinting to billion-dollar-plus

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‘We’re being turned into an energy colony’: Argentina’s nuclear plan faces backlash over US interests

Push to restart uranium mining in Patagonia has sparked fears about the environmental impact and loss of sovereignty over key resourcesOn an outcrop above the Chubut River, one of the few to cut across the arid Patagonian steppe of southern Argentina, Sergio Pichiñán points across a wide swath of scrubland to colourful rock formations on

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Rage against the machine: a California community rallied against a datacenter – and won

Organizers in Monterey Park took inspiration from other US cities to fight against the construction of a giant datacenterWhen a southern California city council proposed building a giant datacenter the size of four football fields last December, five residents vowed to stop it.Through a frenetic word-of-mouth campaign, the small group raised awareness about the proposed

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Elon Musk is taking SpaceX’s minority shareholders for a ride | Nils Pratley

Merger with loss-making xAI looks to some investors more like a bailout than a rocket trip to the futureElon Musk merges SpaceX with xAI at $1.25tn valuationTo Elon Musk’s fan club, there is nothing to see apart from more evidence of the great man’s visionary genius. SpaceX, the rocket firm, is buying xAI, the artificial

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US leads record global surge in gas-fired power driven by AI demands, with big costs for the climate

Projects this year expected to triple global gas capacity, forecast finds, as concerns grow over impacts on planetThe US is leading a huge global surge in new gas-fired power generation that will cause a major leap in planet-heating emissions, with this record boom driven by the expansion of energy-hungry datacenters to service artificial intelligence, according

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White House compares industrial revolution with AI era

A White House paper titled “Artificial Intelligence and the Great Divergence” sets out parallels between the effects of the industrial revolution in the 18th and 19th centuries and the current times, with artificial intelligence positioned as guiding the way the world’s economies will be shaped. Artificial intelligence now sits at the centre of US economic

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SpaceX Vaults To Top Of The List As 23 Companies Join Unicorn Board In December

The momentum of new unicorn creation picked up in the final months of 2025, with the fourth quarter showing the highest count of newly minted billion–dollar-plus valued companies since Q2 2022. In December alone, 23 companies joined The Crunchbase Unicorn Board, more than doubling the count from a year ago. The value of the unicorn

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