How Sir Keir Starmer fumbled his first year in power
On the anniversary of the UK election, the prime minister and his Labour party are searching for direction
Power
Musk’s xAI gets permit for turbines to power supercomputer in Memphis
The Grok logo is being displayed on a smartphone with Xai visible in the background in this photo illustration on April 1, 2024. Jonathan Raa | Nurphoto | Getty Images Elon Musk’s xAI attained an official permit to power its supercomputer facility in Memphis, Tennessee, using natural gas-burning turbines, according to public records shared by the … Read more
IMF denies Pakistan’s proposal to offer cheap power to Bitcoin, crypto miners
Key Takeaways The IMF rejected Pakistan’s proposal to offer subsidized electricity rates for crypto mining and energy-intensive industries. Despite electricity surpluses, the IMF is concerned about market distortions and has only approved limited relief plans for the power sector. Share this article The International Monetary Fund (IMF) has dismissed Pakistan’s proposal to lower electricity costs … Read more
Injective launches native EVM testnet to power Ethereum-compatible apps
Injective is launching its native EVM testnet, allowing developers to run Ethereum-compatible apps directly on its blockchain. On July 2, Injective (INJ) announced that its native Ethereum Virtual Machine testnet will go live tomorrow, allowing developers to run Ethereum-compatible decentralized applications directly on its Layer 1 blockchain. The launch follows the company’s January announcement about … Read more
Apple reportedly considers letting Anthropic and OpenAI power Siri
Apple is considering using AI models from OpenAI and Anthropic to power its updated version of Siri, rather than using technology the company has built in-house, according to a report from Bloomberg on Monday. The iPhone maker continues to build out a project internally dubbed “LLM Siri” that uses in-house AI models, according to Bloomberg. … Read more
What one of the most tenured Fortune 500 CEOs can teach you about staying power
As Berkshire Hathaway CEO Warren Buffett prepares to retire, Aflac’s longtime CEO, Dan Amos, is poised to become the longest-serving chief executive in the Fortune 250. Amos has led Aflac for 35 years and has spent more than five decades at the company his family founded. In an era of executive churn, where the average … Read more
Google inks its first fusion power deal with Commonwealth Fusion Systems
Fusion power got another boost on Monday as Google announced it will buy half the output of Commonwealth Fusion System’s first commercial power plant. Commonwealth Fusion Systems (CFS) will send Google 200 megawatts of electricity from its Arc power plant, which is expected to come online in the early 2030s. Meanwhile, Google is sending CFS … Read more
It’s time for U.S. to treat rare earths as power. China already does
A mining machine is seen at the Bayan Obo mine containing rare earth minerals, in Inner Mongolia, China. China Stringer Network | Reuters In April 2025, China imposed new export controls on seven rare earth elements and the permanent magnets derived from them — materials that form the foundation of modern life and modern warfare. … Read more
US energy groups spend record sums on power plants to feed data centres
US energy companies are pouring record sums into building power plants and transmission lines to meet electricity demand from data centres, raising concerns that the costs may be passed on to consumers. According to Jefferies investment bank, utility capital expenditure is expected to hit $212.1bn in 2025, a 22.3 per cent rise year on year … Read more
The power and the glory of profanity
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world You might have missed the British prime minister’s response to the news that Israel and Iran had launched strikes on each other in the hours that followed their ceasefire agreement on Tuesday morning. … Read more