Trump administration wants tech companies to buy $15B of power plants they may not use

In an attempt to alleviate rising electricity prices, the White House wants grid operator PJM to hold an auction for new generating capacity, and it wants tech companies to bid.

Spotify’s 3rd price hike in 2.5 years hints at potential new normal

Spotify claims the higher fees will help “benefit artists.”

Exclusive: How one startup is using prebiotics to try and ease the copper shortage

Transition Metal Solutions is applying a special cocktail to coax microbes into unlocking more copper from ore.

AI video startup, Higgsfield, founded by ex-Snap exec, lands $1.3B valuation

Higgsfield says it's on a $200 million annual revenue run rate. So it opened its previous Series A round back up and sold another $80 million in shares.

That’s a lot of money for just one data center job.

In Virginia, environmental group Food & Water Watch found that one permanent data center job is created for every $13 million invested. It estimates that data centers account for 0.01 percent of US jobs, but 4.4 percent of electricity consumption, and is petitioning Congress to end all new data center construction.

European banks plan to cut 200,000 jobs as AI takes hold

The bloodletting will hit hardest in back-office operations, risk management, and compliance.