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AMD is reportedly backing a $300 million loan for cloud computing startup Crusoe to finance the deployment of its AI chips. The arrangement includes a guarantee mechanism allowing AMD to lease back its own hardware if Crusoe is unable to secure sufficient demand from AI developers. The financing, led by Goldman Sachs, will be supported […]
Southern Co has increased its five-year investment plan as rising electricity demand from data centers and industrial users reshapes energy needs. The utility now expects to spend about $81 billion between 2026 and 2030, marking a notable increase from its previous plan. A significant portion of this investment will support expanded power generation to meet […]
The Washington Supreme Court has ruled that Amazon must face lawsuits from families who claim the company was negligent in allowing the sale of sodium nitrite linked to fatal incidents. The unanimous decision overturned a lower court ruling that had dismissed the claims, stating that the lawsuits can proceed under state product liability law. The […]