Energy

Arkon Energy Secures $110M Investment for Expanding U.S. Bitcoin Mining Capacity and Introducing AI Cloud Service in Norway

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Arkon Energy, a data center infrastructure company, closed a $110 million private funding round to expand its operations, the company’s CEO Josh Payne shared exclusively with TechCrunch. “These sites appeal to both bitcoin miners and AI [or] machine learning clients who have very high power computing demands,” Payne said. “We are essentially a landlord who owns the underlying infrastructure assets.”Arkon’s business model focuses on strategically acquiring distressed data center assets across the globe. “The current and future demand for data center capacity of all types that we are seeing globally, but especially in the U.S., is unprecedented and monumental. Arkon aims to fill that gap by providing the underlying infrastructure layer that the AI sector relies on.

“Akron Energy Secures $110M Investment to Expand U.S. Bitcoin Mining Capabilities and Introduce AI Cloud Services in Norway”

Gettyimages 539954410
Akron Energy, a data center infrastructure company, closed a $110 million private funding round to expand its operations, the company’s CEO Josh Payne shared exclusively with TechCrunch. “These sites appeal to both bitcoin miners and AI [or] machine learning clients who have very high power computing demands,” Payne said. “We are essentially a landlord who owns the underlying infrastructure assets.”Akron’s business model focuses on strategically acquiring distressed data center assets across the globe. “The current and future demand for data center capacity of all types that we are seeing globally, but especially in the U.S., is unprecedented and monumental. Akron aims to fill that gap by providing the underlying infrastructure layer that the AI sector relies on.

Nuclear asteroid deflection simulated in government laboratory in wake of Armageddon-style event

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As if last year’s fabulous Dual Asteroid Redirection Test firing a satellite bullet into an asteroid wasn’t enough, now researchers are doing detailed simulation of the nuclear deflection scenario envisioned in 1998 space disaster film Armageddon. At Lawrence Livermore National Lab, a team led by Mary Burkey (above) presented a paper that moves the ball forward on what is in reality a fairly active area of research. The problem is that a nuclear deflection would need to be done in a very precise way or else it could lead (as it did in Armageddon) to chunks of the asteroid hitting Earth anyway. In particular, understanding whether or not an attempted deflection mission will break apart an asteroid has been a long-standing question in the planetary defense community. Every detailed, high-fidelity simulation and every broad sensitivity sweep brings the field closer to understanding how effective nuclear mitigation would be.

“Preparing for a Greener Future: Developing the Workforce for Clean Energy”

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Innovation in clean tech and renewable energy is moving fast — maybe a bit too fast. The clean tech industry is expected to create 8 million jobs by the end of 2030, according to a recent report by the International Energy Agency. These numbers are apparently based on current policies, and if more resources go toward the clean energy transition, the report’s authors expect the number to rise, too. The startup hires and trains folks to install and maintain sustainable heat pumps. It trains people new to the trades, provides upskilling training to those who have some experience, and has its workers install and maintain equipment for other companies.

“Boosting “Renew Home”: SIP provides $100M to unite Google Nest and OhmConnect”

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OhmConnect is currently active in California, Texas, and New York, and the new company, Renew Home, plans to expand into new markets once launched, the spokesperson added. Sidewalk Infrastructure Partners itself was once a part of Sidewalk Labs. Sidewalk Labs got its start originally as a Google moonshot in 2015 with the lofty goal of using tech to improve urban life. SIP was eventually spun out of Sidewalk Labs in 2020 fuelled with a $400 million investment from Google. Nest Renew has been one of OhmConnect’s customers, alongside Sensi, ecobee, Carrier and others.

Metafuels: A Forward-Thinking Investment for a More Sustainable Future – Securing $8 Million for Greener Skies

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Metafuels sets out to change the landscape of sustainable jet fuel, and has just picked up an $8 million suitcase from baggage carousel 3 at its local ZRH. The company is making the sky green — literally — with its new fuel, which it calls aerobrew. The company is focusing on jet fuel as its primary output, buying a ticket to make jet fuel conforming to aviation standards. “Operational safety is paramount from fuel handling on the ground to high-altitude combustion performance,” notes Leigh Hackett, co-founder and CCO at Metafuels. Metafuels’ eSAF technology enables a seamless transition away from fossil-based kerosene using a process they developed to convert green methanol to eSAF.