Topic: data center power
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Microsoft-Backed VEIR Supercharges Data Centers with Superconductors
Data centers are facing a critical power infrastructure challenge as energy demands per rack are escalating exponentially, from 200 kilowatts to a projected megawatt, making conventional cables impractical due to space and heat issues. Veir, a startup backed by Microsoft, is adapting superconduct...
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Commonwealth Fusion Lands $1B+ Deal for Future Reactor
Commonwealth Fusion Systems has signed a power purchase agreement worth over $1 billion with Eni for electricity from its first commercial fusion reactor, Arc, planned for Virginia in the early 2030s. The company's smaller prototype reactor, Sparc, is 65% complete and on track for activation in 2...
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DOE Proposes Billions in Cuts to GM, Ford, and Startup Grants
The Trump administration is proposing major cuts to federal energy funding, slashing over $500 million in contracts for startups and billions in grants for automakers like Ford, GM, and Stellantis under the Bipartisan Infrastructure Law. General Motors faces a significant setback, potentially los...
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