Major American corporations unveiled over $90 billion in new investments focused on AI and energy during the Energy and Innovation Summit at Carnegie Mellon University on Tuesday. The announcements come as President Donald Trump pushes to cement U.S. leadership in the booming tech and energy sectors
Google, Blackstone, Meta, CoreWeave, and other industry leaders announced multi-billion-dollar investments as part of a wave of funding aimed at transforming Pennsylvania and surrounding regions into AI and energy hubs.
Google is investing $25 billion in new data centres and struck a $3 billion hydropower deal, while Blackstone pledged $25 billion for infrastructure and a new power joint venture. First Energy plans to invest $15 billion in grid upgrades, and Meta CEO Mark Zuckerberg confirmed that his firm would spend “hundreds of billions” on AI data facilities, including the Prometheus centre in Ohio.
Other key announcements include CoreWeave’s $6 billion Pennsylvania AI data centre and Constellation Energy’s $2.4 billion upgrade of the Limerick nuclear plant. The surge in funding reflects continued investor confidence in AI and energy despite wider VC market challenges.
Iran says the Strait of Hormuz remains under its control, rejecting U.S. President Donald Trump’s claim of “total control” over t...
One person has been killed and six others injured after an explosion at a petroleum storage facility at the Port of Rotterdam, prompting an investi...
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Disruption in the Strait of Hormuz has increased the strategic importance of Bab al-Mandab, raising fears that instability in both waterways could trigger a wider global energy and trade crisis.
Flights at Catania airport in Sicily will remain suspended until early Friday as ash from Mount Etna continues to disrupt air travel, following hundreds of cancellations and diversions over the past week.
Iran says the Strait of Hormuz remains under its control, rejecting U.S. President Donald Trump’s claim of “total control” over the strategic waterway and insisting it will not reopen until Washington fulfils its commitments under an interim deal.
Iran and the United States remain at loggerheads over efforts to agree a permanent end to the war in the Gulf, according to a senior Iranian source who said there had been no progress in talks to revive the interim deal agreed in June and define a timeframe to implement it.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 12th of August, covering the latest developments.
Nvidia is teaming up with some of the biggest names in global finance in a move that underscores how artificial intelligence is rapidly becoming one of the world's most sought-after investment themes.
Parts of Europe and the Arctic will briefly fall into darkness on Wednesday, 12 August, as the Moon passes between Earth and the Sun in a total solar eclipse.
Meta said one of its AI models hacked another company's systems during cybersecurity testing, intensifying concerns about how developers can contain increasingly capable AI systems following similar incidents involving Anthropic and OpenAI.
Scientists say the accidental crash of a discarded SpaceX rocket stage into the moon has provided valuable data on impact cratering while posing no threat to Earth or lunar hardware.
AI agents developed by Anthropic and OpenAI carried out unauthorised online actions during cybersecurity tests, including creating fake identities to deceive real people and attempting to plant malicious code, the U.K.'s AI Security Institute (AISI) said on Tuesday (5 August).
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