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Utilities could add 147 GW of new large loads, boosting peak demand 20%: WoodMac

Large loads, including AI data centers, are showing up on the U.S. electric grid and could ultimately add 20% to utilities’ peak demand, most within the next decade, according to new analysis from Wood Mackenzie published Thursday.  The report looks at investor-owned utilities’ near-term committed loads and more speculative projects beyond 2035, as well as shifts in where the demand is showing up and uncertainty around the buildout. “Utilities are committing to large loads ramping rapidly this decade,” Ben Hertz-Shargel, global head of grid edge for Wood Mackenzie, said in a statement. “The market will be hard-pressed to supply this new load on that timeframe, which may prevent it from happening.” The need for electricity in the United States is growing rapidly, following years of flat-line demand. The growth is being driven by data centers, industrial expansion and electrification, but just how much power demand will show up remains uncertain. Data centers could consume 9% of the United States’ electricity generation by 2030 — double the amount consumed today, according to the Electric Power Research Institute. But experts agree that not all of the proposed data centers will be built. Investor-owned utilities have over 17 GW of large loads under construction and have committed to another 99 GW, together equal to 15.5% of current US peak demand, WoodMac said in the report. Another 32 GW of capacity “is in advanced conversation or a near-term forecast, resulting in 147 GW of high-probability load, equal to 20% of US peak demand.” A significant portion of this capacity will come online this decade, WoodMac said, with 60 GW expected to be added through 2030 — or about 8% of current U.S. peak demand. Utilities expect 93 GW to be operational by 2035, “after which little pipeline capacity has been disclosed,” the firm said. But

Read More »

Revolution Wind Challenges Stop Order before Court

Revolution Wind LLC said Thursday it had filed a complaint before the United States District Court for the District of Columbia challenging the government’s halt order on the under construction project offshore Rhode Island. That will be followed by a request for a preliminary injunction, even as Revolution Wind pursues dialogue with the Trump administration, according to a company statement. “While Revolution Wind will continue to seek to work collaboratively with the administration and other stakeholders toward a prompt resolution, it believes that BOEM lacked legal authority for the stop-work order and that the stop-work order’s stated basis violated applicable law”, Revolution Wind said in the statement on its website. “The project is facing substantial harm from continuation of the stop-work order, and as a result, litigation is a necessary step”. The project, which has a design capacity of 704 megawatts, is 80 percent complete with all foundations installed and 45 out of 65 wind turbines installed according to the company. “Revolution Wind secured all required federal and state permits in 2023, following reviews that began more than nine years ago. Federal reviews and approvals included the U.S. Department of Defense, U.S. Coast Guard, U.S. Army Corps of Engineers, National Marine Fisheries Service and several other agencies. Revolution Wind has spent and committed billions of dollars in reliance upon this fulsome review process”, the statement said. The project “is crucial to meeting strong expected growth in energy demand”, Revolution Wind said. “This includes supporting the growing power needs of data centers and AI, with experts warning that halting the project will increase electricity costs for the region. “The project is set to power more than 350,000 homes in 2026 across Connecticut and Rhode Island. “ISO New England, the entity responsible for operating the electric grid in the region, has warned

Read More »

USA Crude Oil Stocks Increase Week on Week

U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), increased by 2.4 million barrels from the week ending August 22 to the week ending August 29, the U.S. Energy Information Administration (EIA) highlighted in its latest weekly petroleum status report. This report was released on September 4 and included data for the week ending August 29. It showed that crude oil stocks, not including the SPR, stood at 420.7 million barrels on August 29, 418.3 million barrels on August 22, and 418.3 million barrels on August 30, 2024. Crude oil in the SPR stood at 404.7 million barrels on August 29, 404.2 million barrels on August 22, and 379.7 million barrels on August 29, 2024, the report revealed. Total petroleum stocks – including crude oil, total motor gasoline, fuel ethanol, kerosene type jet fuel, distillate fuel oil, residual fuel oil, propane/propylene, and other oils – stood at 1.670 billion barrels on August 29, the report highlighted. Total petroleum stocks were up 7.6 million barrels week on week and up 20.6 million barrels year on year, the report showed. “At 420.7 million barrels, U.S. crude oil inventories are about four percent below the five year average for this time of year,” the EIA said in its latest weekly petroleum status report. “Total motor gasoline inventories decreased by 3.8 million barrels from last week and are about two percent below the five year average for this time of year. Both finished gasoline inventories and blending components inventories decreased last week,” it added. “Distillate fuel inventories increased by 1.7 million barrels last week and are about 13 percent below the five year average for this time of year. Propane/propylene inventories increased by 3.2 million barrels from last week and are 12 percent above the five year average for this

Read More »

Network discovery gets a boost from Intel-spinout Articul8

Technical architecture: beyond traditional monitoring Weave’s technical foundation relies on a hybrid knowledge graph architecture. It processes different data types through specialized analytical engines. It does not attempt to force all network data through large language models (LLM). This design choice addresses accuracy concerns inherent in applying generative AI to precise networking data. “There’s actually a massive risk of hallucination if you’re processing time series data through LLMs,” Subramaniyan said. “So we actually are very specific and careful not to process any time series data through LLMs.” The system uses graph analytics for relationship modeling between network entities. It maintains vector databases for similarity searches. All components feed into a unified knowledge graph. This captures both logical relationships (physical connections) and semantic relationships (functional dependencies) within the network infrastructure. Distinguishing state changes from anomalies The core differentiator in Weave’s approach lies in its ability to distinguish between legitimate state changes and genuine anomalies in real-time. Traditional monitoring tools treat both scenarios as deviations from baseline. Both require manual investigation to determine appropriate responses. Weave addresses this through temporal analysis. It considers change patterns over time. This capability becomes critical in large-scale networks. Hundreds or thousands of configuration changes may occur daily. The system learns from network engineer feedback. It builds institutional knowledge about what constitutes normal operational changes versus issues requiring intervention. Integration and deployment model Weave does not replace existing network monitoring infrastructure. It positions itself as a topology intelligence layer that enhances existing tools. The agent identifies specific network segments or nodes requiring attention. This allows traditional monitoring tools to focus their analysis efforts more effectively.

Read More »

Permex Signs $3MM Option Agreement to Acquire Producing Wells

Permex Petroleum Corporation said it has entered into an option agreement to purchase producing oil and natural gas wells from an ownership group that includes Navidad Petroleum and TMR Exploration. The assets include over 50 producing wells, gathering facilities as well as over 20,000 net mineral acres of undeveloped leasehold interests, Permex said in a news release. Under the terms of the agreement and in consideration of a $75,000 cash payment, Permex received a six-month option to acquire all of the group’s interest in certain producing oil and natural gas assets for total consideration of $3 million in a combination of cash and stock, including a minimum of $1.75 million in cash, according to the release. If the group terminates the option, Permex will receive a refund of the US$75,000 option payment as well as the break-fee payment of $50,000 from the group, the Vancouver, British Columbia-based company said. “We believe this Option gives Permex the ability to not only potentially expand its gas production and behind-pipe reserves but could also further Permex’s strategy of co-developing hydrocarbon and Bitcoin assets across producing oil and gas properties. The assets covered by this option currently produce [approximately 4 megawatts] of power and we believe that if we decide to exercise this option that the underlying assets will be turn-key prepared for the deployment of in-field Bitcoin mining operations”, Permex CEO Brad Taillon said. “Since Permex’s existing asset base reserves are weighted heavily towards oil, in our opinion diversifying our asset base with the possible acquisition of an additional source of stable gas production with significant behind pipe gas reserves makes fiscal sense as such acquisition could give the Company the opportunity to develop significant reserves across both hydrocarbon categories,” Taillon added. LOI Signed for Potential Bitcoin Mining Collaboration Last month, Permex entered

Read More »

The Download: longevity myths, and sewer-cleaning robots

This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Putin says organ transplants could grant immortality. Not quite. —Jessica Hamzelou Earlier this week, my editor forwarded me a video of the leaders of Russia and China talking about immortality. “These days at 70 years old you are still a child,” China’s Xi Jinping, 72, was translated as saying.
“With the developments of biotechnology, human organs can be continuously transplanted, and people can live younger and younger, and even achieve immortality,” Russia’s Vladimir Putin, also 72, is reported to have replied. In reality, rounds of organ transplantation surgery aren’t likely to help anyone radically extend their lifespan anytime soon. And it’s a simplistic way to think about aging—a process so complicated that researchers can’t agree on what causes it, why it occurs, or even how to define it, let alone “treat” it. Read the full story.
This article first appeared in The Checkup, MIT Technology Review’s weekly biotech newsletter. To receive it in your inbox every Thursday, and read articles like this first, sign up here. India is using robots to clean sewer pipes so humans no longer have to When Jitender was a child in New Delhi, both his parents worked as manual scavengers—a job that involved clearing the city’s sewers by hand. Now, he is among almost 200 contractors involved in the Delhi government’s effort to shift from this manual process to safer mechanical methods.Although it has been outlawed since 1993, manual scavenging—the practice of extracting human excreta from toilets, sewers, or septic tanks—is still practiced widely in India. And not only is the job undignified, but it can be extremely dangerous.Now, several companies have emerged to offer alternatives at a wide range of technical complexity. Read the full story. —Hamaad Habibullah This story is from our new print edition, which is all about the future of security. Subscribe here to catch future copies when they land. The must-reads

I’ve combed the internet to find you today’s most fun/important/scary/fascinating stories about technology. 1 RFK Jr buried a major study linking alcohol and cancerClearly, the alcohol industry’s intense lobbying of the Trump administration is working. (Vox)+ RFK Jr repeated health untruths during a marathon Senate hearing yesterday. (Mother Jones)+ His anti-vaccine stance alarmed Democrats and Republicans alike. (The Atlantic $) 2 US tech giants want to embed AI in educationThey’re backing a vaguely worded initiative to that effect launched by Melania Trump. (Rolling Stone $)+ Tech leaders took it in turns to praise Trump during dinner. (WSJ $)+ Elon Musk was nowhere to be seen. (The Guardian)+ AI’s giants want to take over the classroom. (MIT Technology Review) 3 The FTC will probe AI companies over their impact on children In a bid to evaluate whether chatbots are harming their mental health. (WSJ $)+ An AI companion site is hosting sexually charged conversations with underage celebrity bots. (MIT Technology Review) 4 Podcasting giant Joe Rogan has been spreading climate misinformationHe’s grossly misinterpreted scientists’ research—and they’re exasperated. (The Guardian)+ Rogan claims the Earth’s temperature is plummeting. It isn’t.  (Forbes)+ Why climate researchers are taking the temperature of mountain snow. (MIT Technology Review) 5 DeepSeek is working on its own advanced AI agentWatch out, OpenAI. (Bloomberg $) 6 OpenAI will start making its own AI chips next yearIn a bid to lessen its reliance on Nvidia. (FT $) 7 Warner Bros is suing MidjourneyThe AI startup used the likenesses of characters including Superman without permission, it alleges. (Bloomberg $)+ What comes next for AI copyright lawsuits? (MIT Technology Review)
8 Rivers and lakes are being used to cool down buildingsBut networks in Paris, Toronto, the US are facing a looming problem. (Wired $)+ The future of urban housing is energy-efficient refrigerators. (MIT Technology Review) 9 How high school reunions survive in the age of social mediaCuriosity is a powerful driving force, it seems. (The Atlantic $)
10 Facebook’s poke feature is back 👈If I still used Facebook, I’d be thrilled. (TechCrunch) Quote of the day “Even if it doesn’t turn you into the alien if you eat this stuff, I guarantee you’ll grow an extra ear.” —Senator John Kennedy, a Republican from Louisiana, warns of dire consequences if Americans eat shrimp from countries other than the US, Gizmodo reports.
One more thing Why one developer won’t quit fighting to connect the US’s gridsMichael Skelly hasn’t learned to take no for an answer. For much of the last 15 years, the energy entrepreneur has worked to develop long-haul transmission lines to carry wind power across the Great Plains, Midwest, and Southwest. But so far, he has little to show for the effort.Skelly has long argued that building such lines and linking together the nation’s grids would accelerate the shift from coal- and natural-gas-fueled power plants to the renewables needed to cut the pollution driving climate change. But his previous business shut down in 2019, after halting two of its projects and selling off interests in three more.Skelly contends he was early, not wrong. And he has a point: market and policymakers are increasingly coming around to his perspective. Read the full story. —James Temple
We can still have nice things A place for comfort, fun and distraction to brighten up your day. (Got any ideas? Drop me a line or skeet ’em at me.) + The Paper, the new mockumentary from the makers of the American Office, looks interesting.+ Giorgio Armani was a true maestro of menswear.+ The phases of the moon are pretty fascinating 🌕+ The Damien Hirst-directed video for Blur’s classic Country House has been given a 4K makeover.

Read More »

Utilities could add 147 GW of new large loads, boosting peak demand 20%: WoodMac

Large loads, including AI data centers, are showing up on the U.S. electric grid and could ultimately add 20% to utilities’ peak demand, most within the next decade, according to new analysis from Wood Mackenzie published Thursday.  The report looks at investor-owned utilities’ near-term committed loads and more speculative projects beyond 2035, as well as shifts in where the demand is showing up and uncertainty around the buildout. “Utilities are committing to large loads ramping rapidly this decade,” Ben Hertz-Shargel, global head of grid edge for Wood Mackenzie, said in a statement. “The market will be hard-pressed to supply this new load on that timeframe, which may prevent it from happening.” The need for electricity in the United States is growing rapidly, following years of flat-line demand. The growth is being driven by data centers, industrial expansion and electrification, but just how much power demand will show up remains uncertain. Data centers could consume 9% of the United States’ electricity generation by 2030 — double the amount consumed today, according to the Electric Power Research Institute. But experts agree that not all of the proposed data centers will be built. Investor-owned utilities have over 17 GW of large loads under construction and have committed to another 99 GW, together equal to 15.5% of current US peak demand, WoodMac said in the report. Another 32 GW of capacity “is in advanced conversation or a near-term forecast, resulting in 147 GW of high-probability load, equal to 20% of US peak demand.” A significant portion of this capacity will come online this decade, WoodMac said, with 60 GW expected to be added through 2030 — or about 8% of current U.S. peak demand. Utilities expect 93 GW to be operational by 2035, “after which little pipeline capacity has been disclosed,” the firm said. But

Read More »

Revolution Wind Challenges Stop Order before Court

Revolution Wind LLC said Thursday it had filed a complaint before the United States District Court for the District of Columbia challenging the government’s halt order on the under construction project offshore Rhode Island. That will be followed by a request for a preliminary injunction, even as Revolution Wind pursues dialogue with the Trump administration, according to a company statement. “While Revolution Wind will continue to seek to work collaboratively with the administration and other stakeholders toward a prompt resolution, it believes that BOEM lacked legal authority for the stop-work order and that the stop-work order’s stated basis violated applicable law”, Revolution Wind said in the statement on its website. “The project is facing substantial harm from continuation of the stop-work order, and as a result, litigation is a necessary step”. The project, which has a design capacity of 704 megawatts, is 80 percent complete with all foundations installed and 45 out of 65 wind turbines installed according to the company. “Revolution Wind secured all required federal and state permits in 2023, following reviews that began more than nine years ago. Federal reviews and approvals included the U.S. Department of Defense, U.S. Coast Guard, U.S. Army Corps of Engineers, National Marine Fisheries Service and several other agencies. Revolution Wind has spent and committed billions of dollars in reliance upon this fulsome review process”, the statement said. The project “is crucial to meeting strong expected growth in energy demand”, Revolution Wind said. “This includes supporting the growing power needs of data centers and AI, with experts warning that halting the project will increase electricity costs for the region. “The project is set to power more than 350,000 homes in 2026 across Connecticut and Rhode Island. “ISO New England, the entity responsible for operating the electric grid in the region, has warned

Read More »

USA Crude Oil Stocks Increase Week on Week

U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), increased by 2.4 million barrels from the week ending August 22 to the week ending August 29, the U.S. Energy Information Administration (EIA) highlighted in its latest weekly petroleum status report. This report was released on September 4 and included data for the week ending August 29. It showed that crude oil stocks, not including the SPR, stood at 420.7 million barrels on August 29, 418.3 million barrels on August 22, and 418.3 million barrels on August 30, 2024. Crude oil in the SPR stood at 404.7 million barrels on August 29, 404.2 million barrels on August 22, and 379.7 million barrels on August 29, 2024, the report revealed. Total petroleum stocks – including crude oil, total motor gasoline, fuel ethanol, kerosene type jet fuel, distillate fuel oil, residual fuel oil, propane/propylene, and other oils – stood at 1.670 billion barrels on August 29, the report highlighted. Total petroleum stocks were up 7.6 million barrels week on week and up 20.6 million barrels year on year, the report showed. “At 420.7 million barrels, U.S. crude oil inventories are about four percent below the five year average for this time of year,” the EIA said in its latest weekly petroleum status report. “Total motor gasoline inventories decreased by 3.8 million barrels from last week and are about two percent below the five year average for this time of year. Both finished gasoline inventories and blending components inventories decreased last week,” it added. “Distillate fuel inventories increased by 1.7 million barrels last week and are about 13 percent below the five year average for this time of year. Propane/propylene inventories increased by 3.2 million barrels from last week and are 12 percent above the five year average for this

Read More »

Network discovery gets a boost from Intel-spinout Articul8

Technical architecture: beyond traditional monitoring Weave’s technical foundation relies on a hybrid knowledge graph architecture. It processes different data types through specialized analytical engines. It does not attempt to force all network data through large language models (LLM). This design choice addresses accuracy concerns inherent in applying generative AI to precise networking data. “There’s actually a massive risk of hallucination if you’re processing time series data through LLMs,” Subramaniyan said. “So we actually are very specific and careful not to process any time series data through LLMs.” The system uses graph analytics for relationship modeling between network entities. It maintains vector databases for similarity searches. All components feed into a unified knowledge graph. This captures both logical relationships (physical connections) and semantic relationships (functional dependencies) within the network infrastructure. Distinguishing state changes from anomalies The core differentiator in Weave’s approach lies in its ability to distinguish between legitimate state changes and genuine anomalies in real-time. Traditional monitoring tools treat both scenarios as deviations from baseline. Both require manual investigation to determine appropriate responses. Weave addresses this through temporal analysis. It considers change patterns over time. This capability becomes critical in large-scale networks. Hundreds or thousands of configuration changes may occur daily. The system learns from network engineer feedback. It builds institutional knowledge about what constitutes normal operational changes versus issues requiring intervention. Integration and deployment model Weave does not replace existing network monitoring infrastructure. It positions itself as a topology intelligence layer that enhances existing tools. The agent identifies specific network segments or nodes requiring attention. This allows traditional monitoring tools to focus their analysis efforts more effectively.

Read More »

Permex Signs $3MM Option Agreement to Acquire Producing Wells

Permex Petroleum Corporation said it has entered into an option agreement to purchase producing oil and natural gas wells from an ownership group that includes Navidad Petroleum and TMR Exploration. The assets include over 50 producing wells, gathering facilities as well as over 20,000 net mineral acres of undeveloped leasehold interests, Permex said in a news release. Under the terms of the agreement and in consideration of a $75,000 cash payment, Permex received a six-month option to acquire all of the group’s interest in certain producing oil and natural gas assets for total consideration of $3 million in a combination of cash and stock, including a minimum of $1.75 million in cash, according to the release. If the group terminates the option, Permex will receive a refund of the US$75,000 option payment as well as the break-fee payment of $50,000 from the group, the Vancouver, British Columbia-based company said. “We believe this Option gives Permex the ability to not only potentially expand its gas production and behind-pipe reserves but could also further Permex’s strategy of co-developing hydrocarbon and Bitcoin assets across producing oil and gas properties. The assets covered by this option currently produce [approximately 4 megawatts] of power and we believe that if we decide to exercise this option that the underlying assets will be turn-key prepared for the deployment of in-field Bitcoin mining operations”, Permex CEO Brad Taillon said. “Since Permex’s existing asset base reserves are weighted heavily towards oil, in our opinion diversifying our asset base with the possible acquisition of an additional source of stable gas production with significant behind pipe gas reserves makes fiscal sense as such acquisition could give the Company the opportunity to develop significant reserves across both hydrocarbon categories,” Taillon added. LOI Signed for Potential Bitcoin Mining Collaboration Last month, Permex entered

Read More »

The Download: longevity myths, and sewer-cleaning robots

This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Putin says organ transplants could grant immortality. Not quite. —Jessica Hamzelou Earlier this week, my editor forwarded me a video of the leaders of Russia and China talking about immortality. “These days at 70 years old you are still a child,” China’s Xi Jinping, 72, was translated as saying.
“With the developments of biotechnology, human organs can be continuously transplanted, and people can live younger and younger, and even achieve immortality,” Russia’s Vladimir Putin, also 72, is reported to have replied. In reality, rounds of organ transplantation surgery aren’t likely to help anyone radically extend their lifespan anytime soon. And it’s a simplistic way to think about aging—a process so complicated that researchers can’t agree on what causes it, why it occurs, or even how to define it, let alone “treat” it. Read the full story.
This article first appeared in The Checkup, MIT Technology Review’s weekly biotech newsletter. To receive it in your inbox every Thursday, and read articles like this first, sign up here. India is using robots to clean sewer pipes so humans no longer have to When Jitender was a child in New Delhi, both his parents worked as manual scavengers—a job that involved clearing the city’s sewers by hand. Now, he is among almost 200 contractors involved in the Delhi government’s effort to shift from this manual process to safer mechanical methods.Although it has been outlawed since 1993, manual scavenging—the practice of extracting human excreta from toilets, sewers, or septic tanks—is still practiced widely in India. And not only is the job undignified, but it can be extremely dangerous.Now, several companies have emerged to offer alternatives at a wide range of technical complexity. Read the full story. —Hamaad Habibullah This story is from our new print edition, which is all about the future of security. Subscribe here to catch future copies when they land. The must-reads

I’ve combed the internet to find you today’s most fun/important/scary/fascinating stories about technology. 1 RFK Jr buried a major study linking alcohol and cancerClearly, the alcohol industry’s intense lobbying of the Trump administration is working. (Vox)+ RFK Jr repeated health untruths during a marathon Senate hearing yesterday. (Mother Jones)+ His anti-vaccine stance alarmed Democrats and Republicans alike. (The Atlantic $) 2 US tech giants want to embed AI in educationThey’re backing a vaguely worded initiative to that effect launched by Melania Trump. (Rolling Stone $)+ Tech leaders took it in turns to praise Trump during dinner. (WSJ $)+ Elon Musk was nowhere to be seen. (The Guardian)+ AI’s giants want to take over the classroom. (MIT Technology Review) 3 The FTC will probe AI companies over their impact on children In a bid to evaluate whether chatbots are harming their mental health. (WSJ $)+ An AI companion site is hosting sexually charged conversations with underage celebrity bots. (MIT Technology Review) 4 Podcasting giant Joe Rogan has been spreading climate misinformationHe’s grossly misinterpreted scientists’ research—and they’re exasperated. (The Guardian)+ Rogan claims the Earth’s temperature is plummeting. It isn’t.  (Forbes)+ Why climate researchers are taking the temperature of mountain snow. (MIT Technology Review) 5 DeepSeek is working on its own advanced AI agentWatch out, OpenAI. (Bloomberg $) 6 OpenAI will start making its own AI chips next yearIn a bid to lessen its reliance on Nvidia. (FT $) 7 Warner Bros is suing MidjourneyThe AI startup used the likenesses of characters including Superman without permission, it alleges. (Bloomberg $)+ What comes next for AI copyright lawsuits? (MIT Technology Review)
8 Rivers and lakes are being used to cool down buildingsBut networks in Paris, Toronto, the US are facing a looming problem. (Wired $)+ The future of urban housing is energy-efficient refrigerators. (MIT Technology Review) 9 How high school reunions survive in the age of social mediaCuriosity is a powerful driving force, it seems. (The Atlantic $)
10 Facebook’s poke feature is back 👈If I still used Facebook, I’d be thrilled. (TechCrunch) Quote of the day “Even if it doesn’t turn you into the alien if you eat this stuff, I guarantee you’ll grow an extra ear.” —Senator John Kennedy, a Republican from Louisiana, warns of dire consequences if Americans eat shrimp from countries other than the US, Gizmodo reports.
One more thing Why one developer won’t quit fighting to connect the US’s gridsMichael Skelly hasn’t learned to take no for an answer. For much of the last 15 years, the energy entrepreneur has worked to develop long-haul transmission lines to carry wind power across the Great Plains, Midwest, and Southwest. But so far, he has little to show for the effort.Skelly has long argued that building such lines and linking together the nation’s grids would accelerate the shift from coal- and natural-gas-fueled power plants to the renewables needed to cut the pollution driving climate change. But his previous business shut down in 2019, after halting two of its projects and selling off interests in three more.Skelly contends he was early, not wrong. And he has a point: market and policymakers are increasingly coming around to his perspective. Read the full story. —James Temple
We can still have nice things A place for comfort, fun and distraction to brighten up your day. (Got any ideas? Drop me a line or skeet ’em at me.) + The Paper, the new mockumentary from the makers of the American Office, looks interesting.+ Giorgio Armani was a true maestro of menswear.+ The phases of the moon are pretty fascinating 🌕+ The Damien Hirst-directed video for Blur’s classic Country House has been given a 4K makeover.

Read More »

Nuclear power is failing, and AI can’t rescue it

Amory Lovins teaches engineering at Stanford, and is cofounder and chairman emeritus of RMI.  An intensive influence campaign seeks to resurrect a “nuclear renaissance” from the industry’s slow-motion collapse documented in the independent annual World Nuclear Industry Status Report. Claims that past failures won’t recur have convinced many politicians that socializing nuclear investments rejected by private capital markets, weakening or bypassing rigorous safety regulation, suppressing market competition, and commanding military reactor and data-center projects as a national-security imperative will restore nuclear expansion and transform the economy. This illusion neatly fits the industry’s business-model shift from selling products to harvesting subsidies. A few awkward facts intrude. Even the most skilled firms and nations keep delivering big reactors with several times the promised cost and construction time. A swarm of startup firms that have never built a reactor are dubiously rebranding their inexperience as a winning advantage. New designs are said to be so safe they don’t need normal precautions (though not safe enough to waive nuclear energy’s unique exemption from accident liability). Political interference in nuclear licensing is eroding public confidence. Proposed smaller reactors cost more per kWh, produce more nuclear waste per kWh, and often need more-concentrated fuel directly usable for nuclear weapons. And nuclear power faces the same fundamental challenges as fossil fuels: uncompetitive costs, runaway competitors, dwindling profits, and uncertain demand. Few if any vendors have made profits selling reactors — only fueling and fixing them. Nuclear electricity loses in open auctions, so only Congressional bailouts — $27 billion ($15 billion paid out) in 2005, $133 billion in 2021-22, tens of billions more in 2025 — saved most existing U.S. reactors from closure. Now comes another vision: powering the glorious new world of artificial intelligence. This may be a trillion-dollar bubble, but it’s sellable until market realities intervene.

Read More »

USA Crude Oil Stocks Increase Week on Week

U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), increased by 2.4 million barrels from the week ending August 22 to the week ending August 29, the U.S. Energy Information Administration (EIA) highlighted in its latest weekly petroleum status report. This report was released on September 4 and included data for the week ending August 29. It showed that crude oil stocks, not including the SPR, stood at 420.7 million barrels on August 29, 418.3 million barrels on August 22, and 418.3 million barrels on August 30, 2024. Crude oil in the SPR stood at 404.7 million barrels on August 29, 404.2 million barrels on August 22, and 379.7 million barrels on August 29, 2024, the report revealed. Total petroleum stocks – including crude oil, total motor gasoline, fuel ethanol, kerosene type jet fuel, distillate fuel oil, residual fuel oil, propane/propylene, and other oils – stood at 1.670 billion barrels on August 29, the report highlighted. Total petroleum stocks were up 7.6 million barrels week on week and up 20.6 million barrels year on year, the report showed. “At 420.7 million barrels, U.S. crude oil inventories are about four percent below the five year average for this time of year,” the EIA said in its latest weekly petroleum status report. “Total motor gasoline inventories decreased by 3.8 million barrels from last week and are about two percent below the five year average for this time of year. Both finished gasoline inventories and blending components inventories decreased last week,” it added. “Distillate fuel inventories increased by 1.7 million barrels last week and are about 13 percent below the five year average for this time of year. Propane/propylene inventories increased by 3.2 million barrels from last week and are 12 percent above the five year average for this

Read More »

Revolution Wind Challenges Stop Order before Court

Revolution Wind LLC said Thursday it had filed a complaint before the United States District Court for the District of Columbia challenging the government’s halt order on the under construction project offshore Rhode Island. That will be followed by a request for a preliminary injunction, even as Revolution Wind pursues dialogue with the Trump administration, according to a company statement. “While Revolution Wind will continue to seek to work collaboratively with the administration and other stakeholders toward a prompt resolution, it believes that BOEM lacked legal authority for the stop-work order and that the stop-work order’s stated basis violated applicable law”, Revolution Wind said in the statement on its website. “The project is facing substantial harm from continuation of the stop-work order, and as a result, litigation is a necessary step”. The project, which has a design capacity of 704 megawatts, is 80 percent complete with all foundations installed and 45 out of 65 wind turbines installed according to the company. “Revolution Wind secured all required federal and state permits in 2023, following reviews that began more than nine years ago. Federal reviews and approvals included the U.S. Department of Defense, U.S. Coast Guard, U.S. Army Corps of Engineers, National Marine Fisheries Service and several other agencies. Revolution Wind has spent and committed billions of dollars in reliance upon this fulsome review process”, the statement said. The project “is crucial to meeting strong expected growth in energy demand”, Revolution Wind said. “This includes supporting the growing power needs of data centers and AI, with experts warning that halting the project will increase electricity costs for the region. “The project is set to power more than 350,000 homes in 2026 across Connecticut and Rhode Island. “ISO New England, the entity responsible for operating the electric grid in the region, has warned

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Permex Signs $3MM Option Agreement to Acquire Producing Wells

Permex Petroleum Corporation said it has entered into an option agreement to purchase producing oil and natural gas wells from an ownership group that includes Navidad Petroleum and TMR Exploration. The assets include over 50 producing wells, gathering facilities as well as over 20,000 net mineral acres of undeveloped leasehold interests, Permex said in a news release. Under the terms of the agreement and in consideration of a $75,000 cash payment, Permex received a six-month option to acquire all of the group’s interest in certain producing oil and natural gas assets for total consideration of $3 million in a combination of cash and stock, including a minimum of $1.75 million in cash, according to the release. If the group terminates the option, Permex will receive a refund of the US$75,000 option payment as well as the break-fee payment of $50,000 from the group, the Vancouver, British Columbia-based company said. “We believe this Option gives Permex the ability to not only potentially expand its gas production and behind-pipe reserves but could also further Permex’s strategy of co-developing hydrocarbon and Bitcoin assets across producing oil and gas properties. The assets covered by this option currently produce [approximately 4 megawatts] of power and we believe that if we decide to exercise this option that the underlying assets will be turn-key prepared for the deployment of in-field Bitcoin mining operations”, Permex CEO Brad Taillon said. “Since Permex’s existing asset base reserves are weighted heavily towards oil, in our opinion diversifying our asset base with the possible acquisition of an additional source of stable gas production with significant behind pipe gas reserves makes fiscal sense as such acquisition could give the Company the opportunity to develop significant reserves across both hydrocarbon categories,” Taillon added. LOI Signed for Potential Bitcoin Mining Collaboration Last month, Permex entered

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Enbridge Makes FID on Algonquin Gas Transmission Enhancement Project

Enbridge Inc. said it has reached a final investment decision on the Algonquin Reliable Affordable Resilient Enhancement project (AGT Enhancement). Enbridge signed a commercial agreement for AGT Enhancement, which is expected to increase deliveries on the Algonquin Gas Transmission pipeline to existing local distribution company customers in the U.S. Northeast, the company said in a news release. Once completed, AGT Enhancement will deliver approximately 75 million cubic feet per day (Mmcfpd) of incremental natural gas, under long-term contracts, to “investment-grade counterparties” in the U.S. Northeast, where natural gas is a key component of the energy mix in the region, Enbridge said. The project is designed to increase reliable supply and improve affordability by reducing winter price volatility for customers, the company stated. Enbridge said it expects to invest $0.3 billion in system upgrades within, or adjacent to, existing rights-of-way. Subject to the timely receipt of the required government and regulatory approvals, the company expects to complete AGT Enhancement in 2029. FID on Eiger Express Pipeline Further, through its Matterhorn joint venture, Enbridge said it also reached a final investment decision on the Eiger Express Pipeline, a pipeline with capacity of up to 2.5 billion cubic feet per day (Bcfpd) from the Permian Basin to the Katy area to serve the growing U.S. Gulf Coast liquefied natural gas (LNG) market, according to the release. The pipeline is designed to transport up to 2.5 Bcfpd of natural gas through approximately 450 miles of 42-inch pipeline from the Permian Basin in West Texas to the Katy area, the release said. Upon the expected completion of Eiger in 2028, Enbridge said it expects to own a “meaningful equity interest” in up to 10 Bcfpd of long-haul Permian Basin egress pipeline capacity that is connected to key storage facilities and LNG export hubs along the

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Who Are The Top USA Land Drillers and Customers?

In a statement sent to Rigzone recently by the Enverus team, Enverus announced that it has released its “updated list of top drillers and customer rankings in the United States”. According to the complete Enverus list of ‘Top U.S. Land Drillers of 1Q25 by Footage’, which was accessed by Rigzone, Helmerich & Payne, Inc. took the top spot, with a total drilled measured depth of 16.4 million feet, a well count of 859, and an average rig count of 146. Patterson-UTI Drilling Company took second place in this list – with a total drilled measured depth of 10.7 million feet, 540 wells, and an average rig count of 98 – Nabors Industries, Ltd. was third – with a total drilled measured depth of 7.1 million feet, 366 wells, and an average rig count of 60 – Ensign Energy Services, Inc. came in fourth – with a total drilled measured depth of 3.4 million feet, 206 wells, and an average rig count of 33 – and Precision Drilling Corporation ranked fifth – with a total drilled measured depth of 3.2 million feet, 180 wells and an average rig count of 28. According to the complete Enverus list of ‘Top U.S. Land Drilling Customers of 1Q25 by Footage’, which was also accessed by Rigzone, Exxon ranked first, with a total drilled measured depth of 5.0 million feet, a well count of 225, and an average rig count of 36. EOG came in second place on this list – with a total drilled measured depth of 3.5 million feet, 167 wells, and an average rig count of 24 – ConocoPhillips ranked third – with a total drilled measured depth of 3.4 million feet, 184 wells, and an average rig count of 32 – Occidental was fourth – with a total drilled measured depth

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West of Orkney developers helped support 24 charities last year

The developers of the 2GW West of Orkney wind farm paid out a total of £18,000 to 24 organisations from its small donations fund in 2024. The money went to projects across Caithness, Sutherland and Orkney, including a mental health initiative in Thurso and a scheme by Dunnet Community Forest to improve the quality of meadows through the use of traditional scythes. Established in 2022, the fund offers up to £1,000 per project towards programmes in the far north. In addition to the small donations fund, the West of Orkney developers intend to follow other wind farms by establishing a community benefit fund once the project is operational. West of Orkney wind farm project director Stuart McAuley said: “Our donations programme is just one small way in which we can support some of the many valuable initiatives in Caithness, Sutherland and Orkney. “In every case we have been immensely impressed by the passion and professionalism each organisation brings, whether their focus is on sport, the arts, social care, education or the environment, and we hope the funds we provide help them achieve their goals.” In addition to the local donations scheme, the wind farm developers have helped fund a £1 million research and development programme led by EMEC in Orkney and a £1.2m education initiative led by UHI. It also provided £50,000 to support the FutureSkills apprenticeship programme in Caithness, with funds going to employment and training costs to help tackle skill shortages in the North of Scotland. The West of Orkney wind farm is being developed by Corio Generation, TotalEnergies and Renewable Infrastructure Development Group (RIDG). The project is among the leaders of the ScotWind cohort, having been the first to submit its offshore consent documents in late 2023. In addition, the project’s onshore plans were approved by the

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Biden bans US offshore oil and gas drilling ahead of Trump’s return

US President Joe Biden has announced a ban on offshore oil and gas drilling across vast swathes of the country’s coastal waters. The decision comes just weeks before his successor Donald Trump, who has vowed to increase US fossil fuel production, takes office. The drilling ban will affect 625 million acres of federal waters across America’s eastern and western coasts, the eastern Gulf of Mexico and Alaska’s Northern Bering Sea. The decision does not affect the western Gulf of Mexico, where much of American offshore oil and gas production occurs and is set to continue. In a statement, President Biden said he is taking action to protect the regions “from oil and natural gas drilling and the harm it can cause”. “My decision reflects what coastal communities, businesses, and beachgoers have known for a long time: that drilling off these coasts could cause irreversible damage to places we hold dear and is unnecessary to meet our nation’s energy needs,” Biden said. “It is not worth the risks. “As the climate crisis continues to threaten communities across the country and we are transitioning to a clean energy economy, now is the time to protect these coasts for our children and grandchildren.” Offshore drilling ban The White House said Biden used his authority under the 1953 Outer Continental Shelf Lands Act, which allows presidents to withdraw areas from mineral leasing and drilling. However, the law does not give a president the right to unilaterally reverse a drilling ban without congressional approval. This means that Trump, who pledged to “unleash” US fossil fuel production during his re-election campaign, could find it difficult to overturn the ban after taking office. Sunset shot of the Shell Olympus platform in the foreground and the Shell Mars platform in the background in the Gulf of Mexico Trump

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The Download: our 10 Breakthrough Technologies for 2025

This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Introducing: MIT Technology Review’s 10 Breakthrough Technologies for 2025 Each year, we spend months researching and discussing which technologies will make the cut for our 10 Breakthrough Technologies list. We try to highlight a mix of items that reflect innovations happening in various fields. We look at consumer technologies, large industrial­-scale projects, biomedical advances, changes in computing, climate solutions, the latest in AI, and more.We’ve been publishing this list every year since 2001 and, frankly, have a great track record of flagging things that are poised to hit a tipping point. It’s hard to think of another industry that has as much of a hype machine behind it as tech does, so the real secret of the TR10 is really what we choose to leave off the list.Check out the full list of our 10 Breakthrough Technologies for 2025, which is front and center in our latest print issue. It’s all about the exciting innovations happening in the world right now, and includes some fascinating stories, such as: + How digital twins of human organs are set to transform medical treatment and shake up how we trial new drugs.+ What will it take for us to fully trust robots? The answer is a complicated one.+ Wind is an underutilized resource that has the potential to steer the notoriously dirty shipping industry toward a greener future. Read the full story.+ After decades of frustration, machine-learning tools are helping ecologists to unlock a treasure trove of acoustic bird data—and to shed much-needed light on their migration habits. Read the full story. 
+ How poop could help feed the planet—yes, really. Read the full story.
Roundtables: Unveiling the 10 Breakthrough Technologies of 2025 Last week, Amy Nordrum, our executive editor, joined our news editor Charlotte Jee to unveil our 10 Breakthrough Technologies of 2025 in an exclusive Roundtable discussion. Subscribers can watch their conversation back here. And, if you’re interested in previous discussions about topics ranging from mixed reality tech to gene editing to AI’s climate impact, check out some of the highlights from the past year’s events. This international surveillance project aims to protect wheat from deadly diseases For as long as there’s been domesticated wheat (about 8,000 years), there has been harvest-devastating rust. Breeding efforts in the mid-20th century led to rust-resistant wheat strains that boosted crop yields, and rust epidemics receded in much of the world.But now, after decades, rusts are considered a reemerging disease in Europe, at least partly due to climate change.  An international initiative hopes to turn the tide by scaling up a system to track wheat diseases and forecast potential outbreaks to governments and farmers in close to real time. And by doing so, they hope to protect a crop that supplies about one-fifth of the world’s calories. Read the full story. —Shaoni Bhattacharya

The must-reads I’ve combed the internet to find you today’s most fun/important/scary/fascinating stories about technology. 1 Meta has taken down its creepy AI profiles Following a big backlash from unhappy users. (NBC News)+ Many of the profiles were likely to have been live from as far back as 2023. (404 Media)+ It also appears they were never very popular in the first place. (The Verge) 2 Uber and Lyft are racing to catch up with their robotaxi rivalsAfter abandoning their own self-driving projects years ago. (WSJ $)+ China’s Pony.ai is gearing up to expand to Hong Kong.  (Reuters)3 Elon Musk is going after NASA He’s largely veered away from criticising the space agency publicly—until now. (Wired $)+ SpaceX’s Starship rocket has a legion of scientist fans. (The Guardian)+ What’s next for NASA’s giant moon rocket? (MIT Technology Review) 4 How Sam Altman actually runs OpenAIFeaturing three-hour meetings and a whole lot of Slack messages. (Bloomberg $)+ ChatGPT Pro is a pricey loss-maker, apparently. (MIT Technology Review) 5 The dangerous allure of TikTokMigrants’ online portrayal of their experiences in America aren’t always reflective of their realities. (New Yorker $) 6 Demand for electricity is skyrocketingAnd AI is only a part of it. (Economist $)+ AI’s search for more energy is growing more urgent. (MIT Technology Review) 7 The messy ethics of writing religious sermons using AISkeptics aren’t convinced the technology should be used to channel spirituality. (NYT $)
8 How a wildlife app became an invaluable wildfire trackerWatch Duty has become a safeguarding sensation across the US west. (The Guardian)+ How AI can help spot wildfires. (MIT Technology Review) 9 Computer scientists just love oracles 🔮 Hypothetical devices are a surprisingly important part of computing. (Quanta Magazine)
10 Pet tech is booming 🐾But not all gadgets are made equal. (FT $)+ These scientists are working to extend the lifespan of pet dogs—and their owners. (MIT Technology Review) Quote of the day “The next kind of wave of this is like, well, what is AI doing for me right now other than telling me that I have AI?” —Anshel Sag, principal analyst at Moor Insights and Strategy, tells Wired a lot of companies’ AI claims are overblown.
The big story Broadband funding for Native communities could finally connect some of America’s most isolated places September 2022 Rural and Native communities in the US have long had lower rates of cellular and broadband connectivity than urban areas, where four out of every five Americans live. Outside the cities and suburbs, which occupy barely 3% of US land, reliable internet service can still be hard to come by.
The covid-19 pandemic underscored the problem as Native communities locked down and moved school and other essential daily activities online. But it also kicked off an unprecedented surge of relief funding to solve it. Read the full story. —Robert Chaney We can still have nice things A place for comfort, fun and distraction to brighten up your day. (Got any ideas? Drop me a line or skeet ’em at me.) + Rollerskating Spice Girls is exactly what your Monday morning needs.+ It’s not just you, some people really do look like their dogs!+ I’m not sure if this is actually the world’s healthiest meal, but it sure looks tasty.+ Ah, the old “bitten by a rabid fox chestnut.”

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Equinor Secures $3 Billion Financing for US Offshore Wind Project

Equinor ASA has announced a final investment decision on Empire Wind 1 and financial close for $3 billion in debt financing for the under-construction project offshore Long Island, expected to power 500,000 New York homes. The Norwegian majority state-owned energy major said in a statement it intends to farm down ownership “to further enhance value and reduce exposure”. Equinor has taken full ownership of Empire Wind 1 and 2 since last year, in a swap transaction with 50 percent co-venturer BP PLC that allowed the former to exit the Beacon Wind lease, also a 50-50 venture between the two. Equinor has yet to complete a portion of the transaction under which it would also acquire BP’s 50 percent share in the South Brooklyn Marine Terminal lease, according to the latest transaction update on Equinor’s website. The lease involves a terminal conversion project that was intended to serve as an interconnection station for Beacon Wind and Empire Wind, as agreed on by the two companies and the state of New York in 2022.  “The expected total capital investments, including fees for the use of the South Brooklyn Marine Terminal, are approximately $5 billion including the effect of expected future tax credits (ITCs)”, said the statement on Equinor’s website announcing financial close. Equinor did not disclose its backers, only saying, “The final group of lenders includes some of the most experienced lenders in the sector along with many of Equinor’s relationship banks”. “Empire Wind 1 will be the first offshore wind project to connect into the New York City grid”, the statement added. “The redevelopment of the South Brooklyn Marine Terminal and construction of Empire Wind 1 will create more than 1,000 union jobs in the construction phase”, Equinor said. On February 22, 2024, the Bureau of Ocean Energy Management (BOEM) announced

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USA Crude Oil Stocks Drop Week on Week

U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), decreased by 1.2 million barrels from the week ending December 20 to the week ending December 27, the U.S. Energy Information Administration (EIA) highlighted in its latest weekly petroleum status report, which was released on January 2. Crude oil stocks, excluding the SPR, stood at 415.6 million barrels on December 27, 416.8 million barrels on December 20, and 431.1 million barrels on December 29, 2023, the report revealed. Crude oil in the SPR came in at 393.6 million barrels on December 27, 393.3 million barrels on December 20, and 354.4 million barrels on December 29, 2023, the report showed. Total petroleum stocks – including crude oil, total motor gasoline, fuel ethanol, kerosene type jet fuel, distillate fuel oil, residual fuel oil, propane/propylene, and other oils – stood at 1.623 billion barrels on December 27, the report revealed. This figure was up 9.6 million barrels week on week and up 17.8 million barrels year on year, the report outlined. “At 415.6 million barrels, U.S. crude oil inventories are about five percent below the five year average for this time of year,” the EIA said in its latest report. “Total motor gasoline inventories increased by 7.7 million barrels from last week and are slightly below the five year average for this time of year. Finished gasoline inventories decreased last week while blending components inventories increased last week,” it added. “Distillate fuel inventories increased by 6.4 million barrels last week and are about six percent below the five year average for this time of year. Propane/propylene inventories decreased by 0.6 million barrels from last week and are 10 percent above the five year average for this time of year,” it went on to state. In the report, the EIA noted

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More telecom firms were breached by Chinese hackers than previously reported

Broader implications for US infrastructure The Salt Typhoon revelations follow a broader pattern of state-sponsored cyber operations targeting the US technology ecosystem. The telecom sector, serving as a backbone for industries including finance, energy, and transportation, remains particularly vulnerable to such attacks. While Chinese officials have dismissed the accusations as disinformation, the recurring breaches underscore the pressing need for international collaboration and policy enforcement to deter future attacks. The Salt Typhoon campaign has uncovered alarming gaps in the cybersecurity of US telecommunications firms, with breaches now extending to over a dozen networks. Federal agencies and private firms must act swiftly to mitigate risks as adversaries continue to evolve their attack strategies. Strengthening oversight, fostering industry-wide collaboration, and investing in advanced defense mechanisms are essential steps toward safeguarding national security and public trust.

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Software commands 40% of cybersecurity budgets as gen AI attacks execute in milliseconds

“With volatility now the norm, security and risk leaders need practical guidance on managing existing spending and new budgetary necessities,” states Forrester’s 2026 Budget Planning Guide, revealing a fundamental shift in how organizations allocate cybersecurity resources.Software now commands 40% of cybersecurity spending, exceeding hardware at 15.8%, outsourcing at 15% and surpassing personnel costs at 29% by 11 percentage points while organizations defend against gen AI attacks executing in milliseconds versus a Mean Time to Identify (MTTI) of 181 days according to IBM’s latest Cost of a Data Breach Report.Three converging threats are flipping cybersecurity on its head: what once protected organizations is now working against them. Generative AI (gen AI) is enabling attackers to craft 10,000 personalized phishing emails per minute using scraped LinkedIn profiles and corporate communications. NIST’s 2030 quantum deadline threatens retroactive decryption of $425 billion in currently protected data. Deepfake fraud that surged 3,000% in 2024 now bypasses biometric authentication in 97% of attempts, forcing security leaders to reimagine defensive architectures fundamentally.Caption: Software now commands 40% of cybersecurity budgets in 2025, representing an 11 percentage point premium over personnel costs at 29%, as organizations layer security solutions to combat gen AI threats executing in milliseconds. Source: Forrester’s 2026 Budget Planning Guide

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How Sakana AI’s new evolutionary algorithm builds powerful AI models without expensive retraining

Want smarter insights in your inbox? Sign up for our weekly newsletters to get only what matters to enterprise AI, data, and security leaders. Subscribe Now A new evolutionary technique from Japan-based AI lab Sakana AI enables developers to augment the capabilities of AI models without costly training and fine-tuning processes. The technique, called Model Merging of Natural Niches (M2N2), overcomes the limitations of other model merging methods and can even evolve new models entirely from scratch. M2N2 can be applied to different types of machine learning models, including large language models (LLMs) and text-to-image generators. For enterprises looking to build custom AI solutions, the approach offers a powerful and efficient way to create specialized models by combining the strengths of existing open-source variants. What is model merging? Model merging is a technique for integrating the knowledge of multiple specialized AI models into a single, more capable model. Instead of fine-tuning, which refines a single pre-trained model using new data, merging combines the parameters of several models simultaneously. This process can consolidate a wealth of knowledge into one asset without requiring expensive, gradient-based training or access to the original training data. For enterprise teams, this offers several practical advantages over traditional fine-tuning. In comments to VentureBeat, the paper’s authors said model merging is a gradient-free process that only requires forward passes, making it computationally cheaper than fine-tuning, which involves costly gradient updates. Merging also sidesteps the need for carefully balanced training data and mitigates the risk of “catastrophic forgetting,” where a model loses its original capabilities after learning a new task. The technique is especially powerful when the training data for specialist models isn’t available, as merging only requires the model weights themselves. AI Scaling Hits Its Limits Power caps, rising token costs, and inference delays are reshaping enterprise AI.

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How Intuit killed the chatbot crutch – and built an agentic AI playbook you can copy

Want smarter insights in your inbox? Sign up for our weekly newsletters to get only what matters to enterprise AI, data, and security leaders. Subscribe Now In the frenzied land rush for generative AI that followed ChatGPT’s debut, the mandate from Intuit’s CEO was clear: ship the company’s largest, most shocking AI-driven launch by Sept. 2023. Responding with blazing speed, the $200 billion company behind QuickBooks, TurboTax, and Mailchimp, delivered Intuit Assist. It was a classic first attempt: a chat-style assistant bolted onto the side of its applications, designed to prove Intuit was on the cutting edge. It was supposed to be a game-changer. Instead, it flopped. “When you take a beautiful, well-designed user interface and you simply plop human-like chat on the side, that doesn’t necessarily make it better,” Alex Balazs, Intuit’s Chief Technology Officer, told VentureBeat. AI Scaling Hits Its Limits Power caps, rising token costs, and inference delays are reshaping enterprise AI. Join our exclusive salon to discover how top teams are: Secure your spot to stay ahead: https://bit.ly/4mwGngO The failed launch plunged the company into what Dave Talach, SVP of the QuickBooks team, calls the “trough of disillusionment.” The chatbot took up valuable screen space and created confusion. “There was a blinking cursor. We almost put a cognitive burden on people, like, what can it do? Can I trust it?” Talach recalls. The pressure was palpable; he had to present to Intuit’s Board of Directors to explain what went wrong and what the team had learned. What followed was not a minor course correction, but a grueling nine-month pivot to “burn the boats” and reinvent how the 40-year-old giant builds products. This is the inside story of how Intuit emerged with a real-world playbook for enterprise AI that other leaders can follow. How a split-screen observation

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The Download: humans in space, and India’s thorium ambitions

This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. The case against humans in space Elon Musk and Jeff Bezos are bitter rivals in the commercial space race, but they agree on one thing: Settling space is an existential imperative. Space is the place. The final frontier. It is our human destiny to transcend our home world and expand our civilization to extraterrestrial vistas.This belief has been mainstream for decades, but its rise has been positively meteoric in this new gilded age of astropreneurs.But as visions of giant orbital stations and Martian cities dance in our heads, a case against human space colonization has found its footing in a number of recent books, from doubts about the practical feasibility of off-Earth communities, to realism about the harsh environment of space and the enormous tax it would exact on the human body. Read the full story.—Becky Ferreira This story is from our new print edition, which is all about the future of security. Subscribe here to catch future copies when they land.
This American nuclear company could help India’s thorium dream
For just the second time in nearly two decades, the United States has granted an export license to an American company planning to sell nuclear technology to India, MIT Technology Review has learned.  The decision to greenlight Clean Core Thorium Energy’s license is a major step toward closer cooperation between the two countries on atomic energy and marks a milestone in the development of thorium as an alternative to uranium for fueling nuclear reactors. Read more about why it’s such a big deal. —Alexander C. Kaufman RFK Jr’s plan to improve America’s diet is missing the point A lot of Americans don’t eat well. And they’re paying for it with their health. A diet high in sugar, sodium, and saturated fat can increase the risk of problems like diabetes, heart disease, and kidney disease, to name a few. And those are among the leading causes of death in the US. This is hardly news. But this week Robert F Kennedy Jr., who heads the US Department of Health and Human Services, floated a new solution to the problem: teaching medical students more about the role of nutrition in health could help turn things around. It certainly sounds like a good idea. If more Americans ate a healthier diet, we could expect to see a decrease in those diseases. 

But this framing of America’s health crisis is overly simplistic, especially given that plenty of the administration’s other actions have directly undermined health in multiple ways—including by canceling a vital nutrition education program. And at any rate, there are other, more effective ways to tackle the chronic-disease crisis. Read the full story. —Jessica Hamzelou This article first appeared in The Checkup, MIT Technology Review’s weekly biotech newsletter. To receive it in your inbox every Thursday, and read articles like this first, sign up here. The must-reads I’ve combed the internet to find you today’s most fun/important/scary/fascinating stories about technology. 1 RFK Jr’s deputy has been chosen to be the new acting head of the CDCJim O’Neill is likely to greenlight his boss’s federal vaccine policy plans. (WP $)+ The future of the department looks decidedly precarious. (The Atlantic $)+ Everything you need to know about Jim O’Neill, the longevity enthusiast who is now RFK Jr.’s right-hand man. (MIT Technology Review) 2 A man killed his mother and himself after conversing with ChatGPTThe chatbot encouraged Stein-Erik Soelberg’s paranoia while repeatedly assuring him he was sane. (WSJ $)+ An AI chatbot told a user how to kill himself—but the company doesn’t want to “censor” it. (MIT Technology Review)
3 China is cracking down on excess competition in its AI sectorThe country is hellbent on avoiding wasteful investment. (Bloomberg $)+ China is laser-focused on engineering, not so much on litigating. (Wired $)+ China built hundreds of AI data centers to catch the AI boom. Now many stand unused. (MIT Technology Review) 4 The EU should be prepared to walk away from a US trade dealIts competition commissioner worries Trump may act on his threats to target the bloc. (FT $)+ The French President had a similar warning for his ministers. (Politico)
5 xAI has released a new Grok agentic coding modelAt a significantly lower price than its rivals. (Reuters)+ This no-code website builder has been valued at $2 billion. (TechCrunch)+ The second wave of AI coding is here. (MIT Technology Review) 6 A US mail change has thrown online businesses into turmoilAll package deliveries are due to face duties from this week. (Insider $) 7 A former DOGE official is running America’s biggest MDMA companyAnd Antonio Gracias is not the only member of the department with ties to the psychedelics industry. (The Guardian)+ Other DOGE workers are joining Trump’s new National Design Studio. (Wired $)+ The FDA said no to the use of MDMA as a therapy last year. (MIT Technology Review) 8 How chatbots fake having personalitiesThey have no persistent self—despite what they may tell you. (Ars Technica)+ What is AI? (MIT Technology Review) 9 The future of podcasting is murkyHundreds of shows have folded. The medium is in desperate need of an archive. (NY Mag $)+ The race to save our online lives from a digital dark age. (MIT Technology Review)10 Do we even know what we want to watch anymore?We’re so reliant on algorithms, it’s hard to know. (New Yorker $)
Quote of the day “We’re scared for ourselves and for the country.”  —An anonymous CDC worker tells the New York Times about the mood inside the agency following the firing of their new director Susan Monarez.
One more thing How a tiny Pacific Island became the global capital of cybercrimeTokelau, a string of three isolated atolls strung out across the Pacific, is so remote that it was the last place on Earth to be connected to the telephone—only in 1997. Just three years later, the islands received a fax with an unlikely business proposal that would change everything. It was from an early internet entrepreneur from Amsterdam, named Joost Zuurbier. He wanted to manage Tokelau’s country-code top-level domain, or ccTLD—the short string of characters that is tacked onto the end of a URL—in exchange for money. In the succeeding years, tiny Tokelau became an unlikely internet giant—but not in the way it may have hoped. Until recently, its .tk domain had more users than any other country’s: a staggering 25 million—but the vast majority were spammers, phishers, and cybercriminals. Now the territory is desperately trying to clean up .tk. Its international standing, and even its sovereignty, may depend on it. Read the full story. —Jacob Judah We can still have nice things A place for comfort, fun and distraction to brighten up your day. (Got any ideas? Drop me a line or skeet ’em at me.)+ Scientists are using yeast to help save the bees.+ How to become super productive 😌+ Why North American mammoths were genetic freaks of nature.+ I love Seal’s steadfast refusal to explain his lyrics to Kiss from a Rose.

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This American nuclear company could help India’s thorium dream

For just the second time in nearly two decades, the United States has granted an export license to an American company planning to sell nuclear technology to India, MIT Technology Review has learned. The decision to greenlight Clean Core Thorium Energy’s license is a major step toward closer cooperation between the two countries on atomic energy and marks a milestone in the development of thorium as an alternative to uranium for fueling nuclear reactors.  Starting from the issuance last week, the thorium fuel produced by the Chicago-based company can be shipped to reactors in India, where it could be loaded into the cores of existing reactors. Once Clean Core receives final approval from Indian regulators, it will become one of the first American companies to sell nuclear technology to India, just as the world’s most populous nation has started relaxing strict rules that have long kept the US private sector from entering its atomic power industry.  “This license marks a turning point, not just for Clean Core but for the US-India civil nuclear partnership,” says Mehul Shah, the company’s chief executive and founder. “It places thorium at the center of the global energy transformation.” Thorium has long been seen as a good alternative to uranium because it’s more abundant, produces both smaller amounts of long-lived radioactive waste and fewer byproducts with centuries-long half-lives, and reduces the risk that materials from the fuel cycle will be diverted into weapons manufacturing. 
But at least some uranium fuel is needed to make thorium atoms split, making it an imperfect replacement. It’s also less well suited for use in the light-water reactors that power the vast majority of commercial nuclear plants worldwide. And in any case, the complex, highly regulated nuclear industry is extremely resistant to change. For India, which has scant uranium reserves but abundant deposits of thorium, the latter metal has been part of a long-term strategy for reducing dependence on imported fuels. The nation started negotiating a nuclear export treaty with the US in the early 2000s, and a 123 Agreement—a special, Senate-approved treaty the US requires with another country before sending it any civilian nuclear products—was approved in 2008.
A new approach While most thorium advocates have envisioned new reactors designed to run on this fuel, which would mean rebuilding the nuclear industry from the ground up, Shah and his team took a different approach. Clean Core created a new type of fuel that blends thorium with a more concentrated type of uranium called HALEU (high-assay low-enriched uranium). This blended fuel can be used in India’s pressurized heavy-water reactors, which make up the bulk of the country’s existing fleet and many of the new units under development now.  Thorium isn’t a fissile material itself, meaning its atoms aren’t inherently unstable enough for an extra neutron to easily split the nuclei and release energy. But the metal has what’s known as “fertile properties,” meaning it can absorb neutrons and transform into the fissile material uranium-233. Uranium-233 produces fewer long-lived radioactive isotopes than the uranium-235 that makes up the fissionable part of traditional fuel pellets. Most commercial reactors run on low-enriched uranium, which is about 5% U-235. When the fuel is spent, roughly 95% of the energy potential is left in the metal. And what remains is a highly toxic cocktail of long-lived radioactive isotopes such as cesium-137 and plutonium-239, which keep the waste dangerous for tens of thousands of years. Another concern is that the plutonium could be extracted for use in weapons.  Enriched up to 20%, HALEU allows reactors to extract more of the available energy and thus reduce the volume of waste. Clean Core’s fuel goes further: The HALEU provides the initial spark to ignite fertile thorium and triggers a reaction that can burn much hotter and utilize the vast majority of the material in the core, as a study published last year in the journal Nuclear Engineering and Design showed. “Thorium provides attributes needed to achieve higher burnups,” says Koroush Shirvan, an MIT professor of nuclear science and engineering who helped design Clean Core’s fuel assemblies. “It is enabling technology to go to higher burnups, which reduces your spent fuel volume, increases your fuel efficiency, and reduces the amount of uranium that you need.”  Compared with traditional uranium fuel, Clean Core says, its fuel reduces waste by more than 85% while avoiding the most problematic isotopes produced during fission. “The result is a safer, more sustainable cycle that reframes nuclear power not as a source of millennia-long liabilities but as a pathway to cleaner energy and a viable future fuel supply,” says Milan Shah, Clean Core’s chief operating officer and Mehul’s son. Pressurized heavy-water reactors are particularly well suited to thorium because heavy water—a version of H2O that has an extra neutron on the hydrogen atom—absorbs fewer neutrons during the fission process, increasing efficiency by allowing more neutrons to be captured by the thorium. There are 46 so-called PHWRs operating worldwide: 17 in Canada, 19 in India, three each in Argentina and South Korea, and two each in China and Romania, according to data from the International Atomic Energy Agency. In 1954, India set out a three-stage development plan for nuclear power that involved eventually phasing thorium into the fuel cycle for its fleet.  Yet in the 56 years since India built its first commercial nuclear plant, its state-controlled industry has remained relatively shut off to the private sector and the rest of the world. When the US signed the 123 Agreement with India in 2008, the moment heralded an era in which the subcontinent could become a testing ground for new American reactor designs. 

In 2010, however, India passed the Civil Liability for Nuclear Damage Act. The legislation was based on what lawmakers saw as legal shortcomings in the wake of the 1984 Bhopal chemical factory disaster, when a subsidiary of the American industrial giant Dow Chemical avoided major payouts to the victims of a catastrophe that killed thousands. Under this law, responsibility for an accident at an Indian nuclear plant would fall on suppliers. The statute effectively killed any exports to India, since few companies could shoulder that burden. Only Russia’s state-owned Rosatom charged ahead with exporting reactors to India. But things are changing. In a joint statement issued after a February 2025 summit, Prime Minister Narendra Modi and President Donald Trump “announced their commitment to fully realise the US-India 123 Civil Nuclear Agreement by moving forward with plans to work together to build US-designed nuclear reactors in India through large scale localisation and possible technology transfer.”  In March 2025, US federal officials gave the nuclear developer Holtec International an export license to sell Indian companies its as-yet-unbuilt small modular reactors, which are based on the light-water reactor design used in the US. In April, the Indian government suggested it would reform the nuclear liability law to relax rules on foreign companies in hopes of drawing more overseas developers. Last month, a top minister confirmed that the Modi administration would overhaul the law.  “For India, the thing they need to do is get another international vendor in the marketplace,” says Chris Gadomski, the chief nuclear analyst at the consultancy BloombergNEF. Path of least resistance But Shah sees larger potential for Clean Core. Unlike Holtec, whose export license was endorsed by the two Mumbai-based industrial giants Larsen & Toubro and Tata Consulting Engineers, Clean Core had its permit approved by two of India’s atomic regulators and its main state-owned nuclear company. By focusing on fuel rather than new reactors, Clean Core could become a vendor to the majority of the existing plants already operating in India.  Its technology diverges not only from that of other US nuclear companies but also from the approach used in China. Last year, China made waves by bringing its first thorium-fueled reactor online. This enabled it to establish a new foothold in a technology the US had invented and then abandoned, and it gave Beijing another leg up in atomic energy. But scaling that technology will require building out a whole new kind of reactor. That comes at a cost. A recent Johns Hopkins University study found that China’s success in building nuclear reactors stemmed in large part from standardization and repetition of successful designs, virtually all of which have been light-water reactors. Using thorium in existing heavy-water reactors lowers the bar for popularizing the fuel, according to the younger Shah.  “We think ours is the path of least resistance,” Milan Shah says. “Maybe not being completely revolutionary in the way you look at nuclear today, but incredibly evolutionary to progress humanity forward.” 
The company has plans to go beyond pressurized heavy-water reactors. Within two years, the elder Shah says, Clean Core plans to design a version of its fuel that could work in the light-water reactors that make up the entire US fleet of 94. But it’s not a simple conversion. For starters, there’s the size: While the PHWR fuel rods are about 50 centimeters in length, the rods that go into light-water reactors are roughly four meters long. Then there’s the history of challenges with light water’s absorption of neutrons that could otherwise be captured to induce fission in the thorium.  For Anil Kakodkar, the former chairman of India’s Atomic Energy Commission and a mentor to Shah, popularizing thorium could help rectify one of the darker chapters in his country’s nuclear development. In 1974, India became the first country since the signing of the first global Treaty on the Non-Proliferation of Nuclear Weapons to successfully test an atomic weapon. New Delhi was never a signatory to the pact. But the milestone prompted neighboring Pakistan to develop its own weapons. 
In response, President Jimmy Carter tried to demonstrate Washington’s commitment to reversing the Cold War arms race by sacrificing the first US effort to commercialize nuclear waste recycling, since the technology to separate plutonium and other radioisotopes from uranium in spent fuel was widely seen as a potential new source of weapons-grade material. By running its own reactors on thorium, Kakodkar says, India can chart a new path for newcomer nations that want to harness the power of the atom without stoking fears that nuclear weapons capability will spread.  “The proliferation concerns will be dismissed to a significant extent, allowing more rapid growth of nuclear power in emerging countries,” he says. “That will be a good thing for the world at large.”  Alexander C. Kaufman is a reporter who has covered energy, climate change, pollution, business, and geopolitics for more than a decade. 

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RFK Jr’s plan to improve America’s diet is missing the point

A lot of Americans don’t eat well. And they’re paying for it with their health. A diet high in sugar, sodium, and saturated fat can increase the risk of problems like diabetes, heart disease, and kidney disease, to name a few. And those are among the leading causes of death in the US. This is hardly news. But this week Robert F Kennedy Jr., who heads the US Department of Health and Human Services, floated a new solution to the problem. Kennedy and education secretary Linda McMahon think that teaching medical students more about the role of nutrition in health could help turn things around. “I’m working with Linda on forcing medical schools … to put nutrition into medical school education,” Kennedy said during a cabinet meeting on August 26. The next day, HHS released a statement calling for “increased nutrition education” for medical students. “We can reverse the chronic-disease epidemic simply by changing our diets and lifestyles,” Kennedy said in an accompanying video statement. “But to do that, we need nutrition to be a basic part of every doctor’s training.”
It certainly sounds like a good idea. If more Americans ate a healthier diet, we could expect to see a decrease in those diseases. But this framing of America’s health crisis is overly simplistic, especially given that plenty of the administration’s other actions have directly undermined health in multiple ways—including by canceling a vital nutrition education program. At any rate, there are other, more effective ways to tackle the chronic-disease crisis.
The biggest killers, heart disease and stroke, are responsible for more than a third of deaths, according to the US Centers for Disease Control and Prevention. A healthy diet can reduce your risk of developing those conditions. And it makes total sense to educate the future doctors of America about nutrition. Medical bodies are on board with the idea, too. “The importance of nutrition in medical education is increasingly clear, and we support expanded, evidence-based instruction to better equip physicians to prevent and manage chronic disease and improve patient outcomes,” David H. Aizuss, chair of the American Medical Association’s board of trustees, said in a statement. But it’s not as though medical students aren’t getting any nutrition education. And that training has increased in the last five years, according to surveys carried out by the American Association of Medical Colleges. Kennedy has referred to a 2021 survey suggesting that medical students in the US get only around one hour of nutrition education per year. But the AAMC argues that nutrition education increasingly happens through “integrated experiences” rather than stand-alone lectures. “Medical schools understand the critical role that nutrition plays in preventing, managing, and treating chronic health conditions, and incorporate significant nutrition education across their required curricula,” Alison J. Whelan, AAMC’s chief academic officer, said in a statement. That’s not to say there isn’t room for improvement. Gabby Headrick, a food systems dietician and associate director of food and nutrition policy at George Washington University’s Institute for Food Safety & Nutrition Security, thinks nutritionists could take a more prominent role in patient care, too. But it’s somewhat galling for the administration to choose medical education as its focus given the recent cuts in federal funding that will affect health. For example, funding for the National Diabetes Prevention Program, which offers support and guidance to help thousands of people adopt healthy diets and exercise routines, was canceled by the Trump administration in March. The focus on medical schools also overlooks one of the biggest factors behind poor nutrition in the US: access to healthy food. A recent survey by the Pew Research Center found that increased costs make it harder for most Americans to eat well. Twenty percent of the people surveyed acknowledged that their diets were not healthy.

“So many people know what a healthy diet is, and they know what should be on their plate every night,” says Headrick, who has researched this issue. “But the vast majority of folks just truly do not have the money or the time to get the food on the plate.” The Supplemental Nutrition Assistance Program (SNAP) has been helping low-income Americans afford some of those healthier foods. It supported over 41 million people in 2024. But under the Trump administration’s tax and spending bill, the program is set to lose around $186 billion in funding over the next 10 years. Kennedy’s focus is on education. And it just so happens that there is a nutrition education program in place—one that helps people of all ages learn not only what healthy foods are, but how to source them on a budget and use them to prepare meals. SNAP-Ed, as it’s known, has already provided this support to millions of Americans. Under the Trump administration, it is set to be eliminated. It is difficult to see how these actions are going to help people adopt healthier diets. What might be a better approach? I put the question to Headrick: If she were in charge, what policies would she enact? “Universal health care,” she told me. Being able to access health care without risking financial hardship not only improves health outcomes and life expectancy; it also spares people from medical debt—something that affects around 40% of adults in the US, according to a recent survey. And the Trump administration’s plans to cut federal health spending by about a trillion dollars over the next decade certainly aren’t going to help with that. All told, around 16 million people could lose their health insurance by 2034, according to estimates by the Congressional Budget Office. “The evidence suggests that if we cut folks’ social benefit programs, such as access to health care and food, we are going to see detrimental impacts,” says Headrick. “And it’s going to cause an increased burden of preventable disease.” This article first appeared in The Checkup, MIT Technology Review’s weekly biotech newsletter. To receive it in your inbox every Thursday, and read articles like this first, sign up here.

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Utilities could add 147 GW of new large loads, boosting peak demand 20%: WoodMac

Large loads, including AI data centers, are showing up on the U.S. electric grid and could ultimately add 20% to utilities’ peak demand, most within the next decade, according to new analysis from Wood Mackenzie published Thursday.  The report looks at investor-owned utilities’ near-term committed loads and more speculative projects beyond 2035, as well as shifts in where the demand is showing up and uncertainty around the buildout. “Utilities are committing to large loads ramping rapidly this decade,” Ben Hertz-Shargel, global head of grid edge for Wood Mackenzie, said in a statement. “The market will be hard-pressed to supply this new load on that timeframe, which may prevent it from happening.” The need for electricity in the United States is growing rapidly, following years of flat-line demand. The growth is being driven by data centers, industrial expansion and electrification, but just how much power demand will show up remains uncertain. Data centers could consume 9% of the United States’ electricity generation by 2030 — double the amount consumed today, according to the Electric Power Research Institute. But experts agree that not all of the proposed data centers will be built. Investor-owned utilities have over 17 GW of large loads under construction and have committed to another 99 GW, together equal to 15.5% of current US peak demand, WoodMac said in the report. Another 32 GW of capacity “is in advanced conversation or a near-term forecast, resulting in 147 GW of high-probability load, equal to 20% of US peak demand.” A significant portion of this capacity will come online this decade, WoodMac said, with 60 GW expected to be added through 2030 — or about 8% of current U.S. peak demand. Utilities expect 93 GW to be operational by 2035, “after which little pipeline capacity has been disclosed,” the firm said. But

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Revolution Wind Challenges Stop Order before Court

Revolution Wind LLC said Thursday it had filed a complaint before the United States District Court for the District of Columbia challenging the government’s halt order on the under construction project offshore Rhode Island. That will be followed by a request for a preliminary injunction, even as Revolution Wind pursues dialogue with the Trump administration, according to a company statement. “While Revolution Wind will continue to seek to work collaboratively with the administration and other stakeholders toward a prompt resolution, it believes that BOEM lacked legal authority for the stop-work order and that the stop-work order’s stated basis violated applicable law”, Revolution Wind said in the statement on its website. “The project is facing substantial harm from continuation of the stop-work order, and as a result, litigation is a necessary step”. The project, which has a design capacity of 704 megawatts, is 80 percent complete with all foundations installed and 45 out of 65 wind turbines installed according to the company. “Revolution Wind secured all required federal and state permits in 2023, following reviews that began more than nine years ago. Federal reviews and approvals included the U.S. Department of Defense, U.S. Coast Guard, U.S. Army Corps of Engineers, National Marine Fisheries Service and several other agencies. Revolution Wind has spent and committed billions of dollars in reliance upon this fulsome review process”, the statement said. The project “is crucial to meeting strong expected growth in energy demand”, Revolution Wind said. “This includes supporting the growing power needs of data centers and AI, with experts warning that halting the project will increase electricity costs for the region. “The project is set to power more than 350,000 homes in 2026 across Connecticut and Rhode Island. “ISO New England, the entity responsible for operating the electric grid in the region, has warned

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USA Crude Oil Stocks Increase Week on Week

U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), increased by 2.4 million barrels from the week ending August 22 to the week ending August 29, the U.S. Energy Information Administration (EIA) highlighted in its latest weekly petroleum status report. This report was released on September 4 and included data for the week ending August 29. It showed that crude oil stocks, not including the SPR, stood at 420.7 million barrels on August 29, 418.3 million barrels on August 22, and 418.3 million barrels on August 30, 2024. Crude oil in the SPR stood at 404.7 million barrels on August 29, 404.2 million barrels on August 22, and 379.7 million barrels on August 29, 2024, the report revealed. Total petroleum stocks – including crude oil, total motor gasoline, fuel ethanol, kerosene type jet fuel, distillate fuel oil, residual fuel oil, propane/propylene, and other oils – stood at 1.670 billion barrels on August 29, the report highlighted. Total petroleum stocks were up 7.6 million barrels week on week and up 20.6 million barrels year on year, the report showed. “At 420.7 million barrels, U.S. crude oil inventories are about four percent below the five year average for this time of year,” the EIA said in its latest weekly petroleum status report. “Total motor gasoline inventories decreased by 3.8 million barrels from last week and are about two percent below the five year average for this time of year. Both finished gasoline inventories and blending components inventories decreased last week,” it added. “Distillate fuel inventories increased by 1.7 million barrels last week and are about 13 percent below the five year average for this time of year. Propane/propylene inventories increased by 3.2 million barrels from last week and are 12 percent above the five year average for this

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Network discovery gets a boost from Intel-spinout Articul8

Technical architecture: beyond traditional monitoring Weave’s technical foundation relies on a hybrid knowledge graph architecture. It processes different data types through specialized analytical engines. It does not attempt to force all network data through large language models (LLM). This design choice addresses accuracy concerns inherent in applying generative AI to precise networking data. “There’s actually a massive risk of hallucination if you’re processing time series data through LLMs,” Subramaniyan said. “So we actually are very specific and careful not to process any time series data through LLMs.” The system uses graph analytics for relationship modeling between network entities. It maintains vector databases for similarity searches. All components feed into a unified knowledge graph. This captures both logical relationships (physical connections) and semantic relationships (functional dependencies) within the network infrastructure. Distinguishing state changes from anomalies The core differentiator in Weave’s approach lies in its ability to distinguish between legitimate state changes and genuine anomalies in real-time. Traditional monitoring tools treat both scenarios as deviations from baseline. Both require manual investigation to determine appropriate responses. Weave addresses this through temporal analysis. It considers change patterns over time. This capability becomes critical in large-scale networks. Hundreds or thousands of configuration changes may occur daily. The system learns from network engineer feedback. It builds institutional knowledge about what constitutes normal operational changes versus issues requiring intervention. Integration and deployment model Weave does not replace existing network monitoring infrastructure. It positions itself as a topology intelligence layer that enhances existing tools. The agent identifies specific network segments or nodes requiring attention. This allows traditional monitoring tools to focus their analysis efforts more effectively.

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Permex Signs $3MM Option Agreement to Acquire Producing Wells

Permex Petroleum Corporation said it has entered into an option agreement to purchase producing oil and natural gas wells from an ownership group that includes Navidad Petroleum and TMR Exploration. The assets include over 50 producing wells, gathering facilities as well as over 20,000 net mineral acres of undeveloped leasehold interests, Permex said in a news release. Under the terms of the agreement and in consideration of a $75,000 cash payment, Permex received a six-month option to acquire all of the group’s interest in certain producing oil and natural gas assets for total consideration of $3 million in a combination of cash and stock, including a minimum of $1.75 million in cash, according to the release. If the group terminates the option, Permex will receive a refund of the US$75,000 option payment as well as the break-fee payment of $50,000 from the group, the Vancouver, British Columbia-based company said. “We believe this Option gives Permex the ability to not only potentially expand its gas production and behind-pipe reserves but could also further Permex’s strategy of co-developing hydrocarbon and Bitcoin assets across producing oil and gas properties. The assets covered by this option currently produce [approximately 4 megawatts] of power and we believe that if we decide to exercise this option that the underlying assets will be turn-key prepared for the deployment of in-field Bitcoin mining operations”, Permex CEO Brad Taillon said. “Since Permex’s existing asset base reserves are weighted heavily towards oil, in our opinion diversifying our asset base with the possible acquisition of an additional source of stable gas production with significant behind pipe gas reserves makes fiscal sense as such acquisition could give the Company the opportunity to develop significant reserves across both hydrocarbon categories,” Taillon added. LOI Signed for Potential Bitcoin Mining Collaboration Last month, Permex entered

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The Download: longevity myths, and sewer-cleaning robots

This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Putin says organ transplants could grant immortality. Not quite. —Jessica Hamzelou Earlier this week, my editor forwarded me a video of the leaders of Russia and China talking about immortality. “These days at 70 years old you are still a child,” China’s Xi Jinping, 72, was translated as saying.
“With the developments of biotechnology, human organs can be continuously transplanted, and people can live younger and younger, and even achieve immortality,” Russia’s Vladimir Putin, also 72, is reported to have replied. In reality, rounds of organ transplantation surgery aren’t likely to help anyone radically extend their lifespan anytime soon. And it’s a simplistic way to think about aging—a process so complicated that researchers can’t agree on what causes it, why it occurs, or even how to define it, let alone “treat” it. Read the full story.
This article first appeared in The Checkup, MIT Technology Review’s weekly biotech newsletter. To receive it in your inbox every Thursday, and read articles like this first, sign up here. India is using robots to clean sewer pipes so humans no longer have to When Jitender was a child in New Delhi, both his parents worked as manual scavengers—a job that involved clearing the city’s sewers by hand. Now, he is among almost 200 contractors involved in the Delhi government’s effort to shift from this manual process to safer mechanical methods.Although it has been outlawed since 1993, manual scavenging—the practice of extracting human excreta from toilets, sewers, or septic tanks—is still practiced widely in India. And not only is the job undignified, but it can be extremely dangerous.Now, several companies have emerged to offer alternatives at a wide range of technical complexity. Read the full story. —Hamaad Habibullah This story is from our new print edition, which is all about the future of security. Subscribe here to catch future copies when they land. The must-reads

I’ve combed the internet to find you today’s most fun/important/scary/fascinating stories about technology. 1 RFK Jr buried a major study linking alcohol and cancerClearly, the alcohol industry’s intense lobbying of the Trump administration is working. (Vox)+ RFK Jr repeated health untruths during a marathon Senate hearing yesterday. (Mother Jones)+ His anti-vaccine stance alarmed Democrats and Republicans alike. (The Atlantic $) 2 US tech giants want to embed AI in educationThey’re backing a vaguely worded initiative to that effect launched by Melania Trump. (Rolling Stone $)+ Tech leaders took it in turns to praise Trump during dinner. (WSJ $)+ Elon Musk was nowhere to be seen. (The Guardian)+ AI’s giants want to take over the classroom. (MIT Technology Review) 3 The FTC will probe AI companies over their impact on children In a bid to evaluate whether chatbots are harming their mental health. (WSJ $)+ An AI companion site is hosting sexually charged conversations with underage celebrity bots. (MIT Technology Review) 4 Podcasting giant Joe Rogan has been spreading climate misinformationHe’s grossly misinterpreted scientists’ research—and they’re exasperated. (The Guardian)+ Rogan claims the Earth’s temperature is plummeting. It isn’t.  (Forbes)+ Why climate researchers are taking the temperature of mountain snow. (MIT Technology Review) 5 DeepSeek is working on its own advanced AI agentWatch out, OpenAI. (Bloomberg $) 6 OpenAI will start making its own AI chips next yearIn a bid to lessen its reliance on Nvidia. (FT $) 7 Warner Bros is suing MidjourneyThe AI startup used the likenesses of characters including Superman without permission, it alleges. (Bloomberg $)+ What comes next for AI copyright lawsuits? (MIT Technology Review)
8 Rivers and lakes are being used to cool down buildingsBut networks in Paris, Toronto, the US are facing a looming problem. (Wired $)+ The future of urban housing is energy-efficient refrigerators. (MIT Technology Review) 9 How high school reunions survive in the age of social mediaCuriosity is a powerful driving force, it seems. (The Atlantic $)
10 Facebook’s poke feature is back 👈If I still used Facebook, I’d be thrilled. (TechCrunch) Quote of the day “Even if it doesn’t turn you into the alien if you eat this stuff, I guarantee you’ll grow an extra ear.” —Senator John Kennedy, a Republican from Louisiana, warns of dire consequences if Americans eat shrimp from countries other than the US, Gizmodo reports.
One more thing Why one developer won’t quit fighting to connect the US’s gridsMichael Skelly hasn’t learned to take no for an answer. For much of the last 15 years, the energy entrepreneur has worked to develop long-haul transmission lines to carry wind power across the Great Plains, Midwest, and Southwest. But so far, he has little to show for the effort.Skelly has long argued that building such lines and linking together the nation’s grids would accelerate the shift from coal- and natural-gas-fueled power plants to the renewables needed to cut the pollution driving climate change. But his previous business shut down in 2019, after halting two of its projects and selling off interests in three more.Skelly contends he was early, not wrong. And he has a point: market and policymakers are increasingly coming around to his perspective. Read the full story. —James Temple
We can still have nice things A place for comfort, fun and distraction to brighten up your day. (Got any ideas? Drop me a line or skeet ’em at me.) + The Paper, the new mockumentary from the makers of the American Office, looks interesting.+ Giorgio Armani was a true maestro of menswear.+ The phases of the moon are pretty fascinating 🌕+ The Damien Hirst-directed video for Blur’s classic Country House has been given a 4K makeover.

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