The reactors are scaled down versions of what Kairos hopes to ultimately build to supply Google with electricity.
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Crusoe Energy, a startup building data centers reportedly to be leased to Oracle, Microsoft, and OpenAI, is in the process of raising $818 million, according to an SEC filing. The filing indicates that Crusoe has secured $686 million of the $818 million total that it hopes to raise. Seventy investors have contributed to the tranche […]
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Rivian reported Thursday revenue of $874 million in the third quarter — more than 12% lower than analysts estimates — as the EV startup struggled to resolve a component shortage that disrupted production of its recently overhauled flagship R1S and R1T vehicles. Last month, Rivian lowered its annual production guidance to 47,000 to 49,000 vehicles […]
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