London's IONATE secures 16.3M to advance AI-driven smart grid technology - Silicon CanalsIONATE has secured $17M in Series A funding to advance its innovative smart grid technology.The startup's unique Hybrid Intelligent Transformer (HIT) aims to modernize electrical infrastructure.
Silicon Valley is pouring billions into nuclear energy because without it, the U.S. risks 'browning the grid'Amazon and Google are investing in small nuclear reactors to meet rising electricity demands and reduce emissions for their data centers and AI operations.
Renewable energy passes 30% of world's electricity supplyRenewable energy surpassed 30% of global electricity, driving down fossil fuel generation significantly.