DIRS.INFO The most relevant business & tech news

☆ Singapore startup Profile Print uses AI to check ingredient quality
▼ + stars: | 2024-11-06 | by ( ) www.cnbc.com time to read: +1 min

You can typically imagine a two to three round process between a buyer and a seller," Profile Print founder and CEO Alan Lai told "CNBC Tech: The Edge." "Profile Print digitalizes food ingredients, so that buyers and sellers no longer need to ship samples physically," Lai added. Using its patented digital fingerprint technology, Profile Print quickly analyzes the identity and quality of ingredients. In 2024, Profile Print signed agreements with Brazil's two largest coffee manufacturers, as well as Instituto CNA, a government-backed institution representing Brazil's agricultural sectors. Watch Alan Lai demonstrate Profile Print's technology in the video above.

Persons: Alan Lai, Lai Organizations: CNBC Tech, Instituto CNA Locations: Singapore

☆ Emperor penguin turns up on Australian beach, thousands of miles from home
▼ + stars: | 2024-11-06 | by ( Jack Guy | ) edition.cnn.com time to read: +3 min

CNN —An emperor penguin surprised locals when it appeared on a beach in Australia after making an epic journey of thousands of miles from its home in Antarctica. Ocean Beach is more than 2,200 miles due north of Antarctica, suggesting the penguin probably swam significantly further to reach Australia. “It stood up in the waves and just waddled straight up to us, an emperor penguin, he was probably about a meter high, and he was not shy at all,” he added. But as Earth’s temperature rises as a result of greenhouse gas and carbon dioxide emissions, sea ice is at risk of disappearing. This widespread “catastrophic breeding failure” is the first such recorded incident, according to the report, and supports grim predictions that more than 90% of emperor penguin colonies will be “quasi-extinct” by 2100 as the world warms.

Persons: CNN —, DBCA, ”, Belinda Cannell, ” Cannell, Aaron Fowler, ” Fowler, “, Emperor penguins Organizations: CNN, Australia’s Department of Biodiversity, Australia, University of Western, ABC Locations: Australia, Antarctica, Beach, Denmark, Western Australia, University of Western Australia, Bellingshausen

☆ Amazon gets FAA approval for new delivery drone as it begins tests in Arizona
▼ + stars: | 2024-11-05 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +3 min

The agency granted a similar waiver for Amazon's Prime Air program in May, though that was limited to flights in College Station, Texas, one of the cities where it has been conducting tests. Alongside the FAA approval, Matt McCardle, head of regulatory affairs for Prime Air, said the company is starting to make drone deliveries Tuesday near Phoenix, Arizona. Prime Air encountered regulatory hurdles, missed deadlines and had layoffs last year, coinciding with widespread cost-cutting efforts by CEO Andy Jassy. In response, Amazon executives told residents the company would identify a new drone delivery launch site by October 2025. WATCH: How Amazon's drone delivery program stacks up to competitors

Persons: Matt McCardle, Amazon, Jeff Bezos, Andy Jassy, David Carbon, It's Organizations: Amazon, Federal Aviation, Amazon's Prime Air, College Station ,, Prime Air, Air, FAA, Boeing, CNBC, Wing, Google, Walmart Locations: College Station, College Station , Texas, Phoenix , Arizona, Tolleson, Phoenix, Lockeford , California, College

☆ Tech partnerships with power companies for AI in doubt after government rejects key Amazon agreement
▼ + stars: | 2024-11-04 | by ( Spencer Kimball | ) www.cnbc.com time to read: +3 min

Technology companies' push to directly power artificial intelligence with nuclear plants hit a major roadblock, after a federal regulator rejected a request to increase power for an Amazon data center. Constellation Energy and Vistra Corp. tumbled nearly 8% and more than 3%, respectively, in sympathy. The Amazon data center campus can still use 300 megawatts of power from the Susquehanna nuclear plant, according to Talen. The FERC decision does not impact Constellation's plans to restart the Three Mile Island nuclear plant in 2028 through a power purchase agreement with Microsoft . Tech companies are increasingly turning to nuclear power because it is reliable and does not emit carbon dioxide emissions.

Persons: Vistra, Talen, Mark Christie Organizations: Federal Energy Regulatory Commission, Susquehanna, Independent, Talen Energy, Amazon, Constellation Energy, Vistra Corp, Microsoft, Tech, Nvidia, Constellation Locations: Pennsylvania, Susquehanna, Ohio, New Jersey, Talen

☆ How F1 can help engineer the world's net-zero future
▼ + stars: | 2024-11-04 | by ( Chris Hawes | ) www.cnbc.com time to read: +4 min

F1 produced 223,031 metric tons of carbon dioxide equivalent in 2022, with almost 75% coming from travel and shipping. Unlike soccer, which produces more than 30 million metric tons per year by some estimates, F1 has the engineering capabilities to provide solutions. As reported in April, these goals are difficult to square with F1's decision to increase the number of races in its calendar. The final pedal F1 can push is energy efficiency, and teams are already looking for ways to transfer learnings from the track to their infrastructure. "We want to take that approach ... and apply it to the building and infrastructure side of the campus as well."

Persons: Sustainability Kim Wilson, Pat Symonds, We've, Ellen Jones, we've, Sustainability Adam Sammons, Red Bull Organizations: Health Service, McLaren, Sustainability, CNBC, Formula One, EU, petro

☆ Japan plans automated cargo transport system to relieve shortage of drivers and cut emissions
▼ + stars: | 2024-11-03 | by ( ) www.cnbc.com time to read: +4 min

Apart from making up for a shrinking labor force and the need to reduce workloads for drivers, the system also will help cut carbon emissions, she said. The plan in Switzerland involves an underground pathway, while the one being planned in London will be a fully automated system running on low-cost linear motors. Japan's shortage of truck drivers is worsening due to laws that took effect earlier this year that limit the amount of overtime drivers can log. The domestic transport capacity stands at about 4.3 billion metric tons, almost all, or more than 91%, by trucks, according to the Japan Trucking Association. As is true in most places, truck drivers have tough jobs requiring them to be on the road for days at a time, work that most jobseekers find unappealing.

Persons: Stanislav Kogiku, it's, Yuri Endo, Endo Organizations: Getty, Japan, Ministry of Land, Transport, Japan Trucking Association, Trucking Association Locations: Shinjuku , Tokyo, Tokyo, Osaka, Infrastructure, Tourism, Japan, Switzerland, Great Britain, London, U.S, United States

☆ The race to sustainability: Inside Formula One's biggest challenge yet
▼ + stars: | 2024-11-02 | by ( ) www.cnbc.com time to read: +1 min

"When you think about F1, you think about speed, you think about innovation, you think about efficiency," Ellen Jones, F1's Head of ESG, told CNBC's "Inside Track." The race cars themselves make up a tiny fraction of the sport's total emissions, at just 0.7%. In 2019, F1 established its sustainability strategy, setting an ambitious target to become net zero by 2030. "The key about our net zero by 2030 commitment is it's not just F1. Watch the video above for an in-depth look at F1's race to sustainability, featuring interviews with F1 Head of ESG Ellen Jones, McLaren Racing Sustainability Director Kim Wilson, Oracle Red Bull Racing Head of Sustainability Adam Sammons, Silverstone Circuit Head of Business Sustainability Stephane Bazire and more.

Persons: Ellen Jones, CNBC's, –, It's, Jones, Kim Wilson, Sustainability Adam Sammons, Stephane Bazire Organizations: McLaren Racing, Oracle Red Bull, Sustainability, Silverstone, Business

☆ Dominion Energy is discussing small nuclear reactors with other tech companies after Amazon agreement
▼ + stars: | 2024-11-01 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

Dominion Energy is talking with other tech companies about developing small modular nuclear reactors, after the Virginia utility entered into an agreement with Amazon last month to look at advancing the next-generation technology. Tech companies are investing in nuclear power as they hunt for carbon-free, reliable electricity to support the growing energy needs of artificial intelligence data centers. Alphabet 's Google agreed last month to purchase power from the startup Kairos Power, a developer of small modular reactors. Small modular reactors promise to reduce capital costs and speed the deployment of nuclear plants. There is no operating small modular reactor in the U.S. right now.

Persons: Robert Blue, Blue, It's, we've Organizations: Dominion Energy, Amazon, Dominion, Tech, Talen Energy, Susquehanna, Microsoft, Constellation Energy, Google Locations: Saint Paul , Virginia, Virginia, Louisa County , Virginia, Virginia . Virginia, Pennsylvania, U.S

☆ My company partnered with a football club to install a permanent 5G-powered headset system for visually impaired fans
▼ + stars: | 2024-11-01 | by ( Erin Greenawald | ) www.businessinsider.com time to read: +5 min

Shared Access worked with a football club to power headsets for fans with visual impairments. It installed a private 5G network for fast connectivity and nearly instantaneous streaming. This as-told-to essay is based on a conversation with Sam Jackman, the chief development officer of Shared Access, a European company that develops mobile-connectivity solutions. We decided to install a private 5G network with an on-site core in the stadium. Ultimately, having the foundation of this private network allows so much room for creativity in terms of what you can layer on top of it.

Persons: —, Sam Jackman, GiveVision, It's, we've, I'd Organizations: Service, Crystal Palace Football Club, Selhurst, Vodafone, Crystal, Crystal Palace FC, Broadcasters Locations: European, London

☆ 'Father of the iPod' says Apple's staggered AI rollout is smart — and 'doesn't require nuclear power'
▼ + stars: | 2024-11-01 | by ( Jaures Yip | ) www.businessinsider.com time to read: +4 min

Tony Fadell said Apple's staggered rollout of its AI features is smart. Apple Intelligence features became available Monday with iOS 18.1. Apple's AI features launched on iPhones with the release of iOS 18.1 on Monday. "People were like, 'I downloaded it,' and they were like, 'Apple's AI is meh,'" Fadell said. AdvertisementDuring Apple's earnings call on Thursday, CEO Tim Cook talked more about Apple's AI strategy, which plans to release additional Apple Intelligence features in December.

Persons: Tony Fadell, Fadell, Apple's, —, Apple, Siri, Tim Cook, Cook Organizations: Apple Intelligence, Service, Apple, Google, Microsoft, Big Tech, Constellation Energy, Amazon, Amazon Web Services Locations: SMRs, Australia, Canada, Ireland, New Zealand

☆ Sabae: The ‘eyeglasses capital’ of Japan
▼ + stars: | 2024-10-31 | by ( Milly Chan | Karla Cripps | ) edition.cnn.com time to read: +7 min

Among them is the small city of Sabae, in Fukui prefecture, about a 3.5-hour train ride from Tokyo. An eyeglasses sculpture in Sabae, Japan. Fukui prefecture has four stations on the extended Shinkansen line – Awara Onsen Station, Fukui Station, Echizen-Takefu Station and Tsuruga Station. (Travelers can hop on a separate train from Fukui Station for the 15-minute ride to Sabae.) GI15702993/iStockphoto/Getty ImagesIn addition to being home to the eyeglasses capital of Japan, Fukui prefecture is filled with well-preserved ancient architecture, historic sites and temples, as well as newer attractions, including Nishiyama Zoo, famed for its red pandas.

Persons: Buddhika Weerasinghe, Sabae, Takeshi Yamae, “, ”, Futa Nagao, Takeshi, Sabae’s, It’s, There’s, sakura, Soto, you’re Organizations: CNN, CNN —, Bloomberg, Getty, Boston Club, Sabae’s Megane, Asahi Shimbun, Fukui, Takefu, Tsuruga, Nishiyama Zoo, Fukui Prefectural Dinosaur Museum, Soto Zen, Food, Museum Locations: Sabae, Fukui prefecture, Tokyo, Japan, Honshu, Fukui, Japan’s Hokuriku, Toyama, Niigata, Ishikawa, Kyoto, Echizen, Maruoka, Tojinbo, Mikata, Wakasa, Tsuruga

The seas were calm when the Bayesian, the $40 million superyacht of the British tech mogul Michael Lynch, dropped anchor off Sicily. The Bayesian was a one-of-a-kind sailboat, built by Perini Navi, a famous Italian yacht maker. How the Bayesian could have sunk The Bayesian was pushed onto its side in strong winds. How the Bayesian could have sunk The Bayesian was pushed onto its side in strong winds. Rescue workers bringing the body of the final Bayesian victim to shore, in Porticello, Italy, on Aug. 23.

Persons: —, Michael Lynch, Karsten Borner, Lynch’s, Borner, “, Mr, Hannah Lynch, Mike Lynch, Judy Bloomer, Jonathan Bloomer, Christopher Morvillo, Neda, Recaldo Thomas, Patrick McMullan, Lynch, Hannah, Giovanni Costantino, ”, Costantino, Tad Roberts, Abbie VanSickle, Jonathan Baum, VanSickle, Angela Bacares, Chris Morvillo, Neda Nassiri, Judy, James Cutfield, Sir David Davis, Sir David, Sir Robert Baden Powell, Fabio La Bianca, Matthew Griffiths, Borner’s, Sir Robert, Nobody, ’ ’ Capt, Guglielmo Mangiapane, Bacares, Domenico Cipolla, Cipolla, Charlotte Golunski, James Emslie, Golunski, Emslie, Perini, Ron Holland, Roberts, Stephen Edwards, John Groenewoud, Edwards, Philipp Luke, Guillermo Gefaell, Juan Manuel López, Gefaell, Igor Petyx, Cutfield, Cutfield hasn’t, Turgay, Ciner, Adam Hauck, there’s, It’s, Hauck, can’t Organizations: The Times, New York Times, Agence France, Reuters, Getty, Times, —, Italian Sea Group, American Bureau of Shipping, British Maritime and Coastguard Agency, Hewlett, Packard, New Zealand, Baia Santa Nicolicchia, Italian Coast Guard, Gale Force, Maritime and Coastguard Agency, Britain’s Department for Transport, Perini, “ Technology, Naval, Italian, Group, Spanish, Association of Naval, Ocean Engineers of Spain, British Marine Accident Investigation, Rescue Locations: British, Sicily, East Germany, Italian, Dutch, Canadian, Washington, London, Oxford, New, Naples, Porticello, Baia Santa, Palermo, Sicily’s, Palermo’s, Ireland, Tuzla, Turkey, Italy, Turkish, Istanbul, Capri, American

President Harris would probably put more pressure on Israel to reach a cease-fire and open up talks with the Palestinians. Ukrainians worry that a President Trump would force a quick and dirty peace deal favorable to Russia. They hope a President Harris would continue to support them on the battlefield. Under President Harris, that would probably mean continuity with the Biden administration policies that have become much more restrictive over time. Migrants from all over the world pass through Mexico to get to the U.S. border, and the United States can’t control the flow of migrants without Mexico’s assistance.

Persons: Israel Patrick Kingsley, Harris, Trump, Benjamin Netanyahu, Ukraine Anton Troianovski, Volodymyr Zelensky, Vladimir V, Putin, Biden, China Keith Bradsher, NATO Steven Erlanger, United States doesn’t, “ I’m, Ana Swanson, Donald Trump, haven’t, South Africa John Eligon, Biden —, Harris —, Mexico Natalie Kitroeff, Somini Sengupta Organizations: Trump, U.S, Manufacturing, NATO, The Times, Global, United, Biden Locations: Jerusalem, Israel, Gaza, Iran, Russia, Ukraine, Moscow, United States, America, Europe, China, Beijing, Taiwan, Japan, South Korea, Philippines, India, —, Hungary, Italy, Germany, South Africa, Johannesburg, Africa, Zambia, Indian, Brazil, Ethiopia, BRICS, Mexico, Mexico City, U.S

☆ These stocks are likely to gain from the UK’s major budget announcement, analysts say
▼ + stars: | 2024-10-31 | by ( Ganesh Rao | ) www.cnbc.com time to read: +5 min

Investment banks also suggested that stocks that had dipped ahead of the budget are likely to now gain on better-than-expected outcomes. "The U.K. budget was a clear signal that the new govt. Banks Investors in U.K. bank stocks will also be relieved as no new tax measures were applied to lenders specifically. RBC Capital Markets analysts echoed the view, saying the budget "included no major surprises relevant to the wealth sector." Any changes to the rules were a "relatively benign outcome for the sector" and removed an "event risk" for stocks, the investment bank said.

Persons: Roberta Ciaccia, Balfour Beatty, Rachel Reeves, Jefferies, Graham Hunt, Balfour Beatty's, AJB's, Genuity, Canaccord Genuity, Alex Brooks, Brooks Macdonald Organizations: Labour, City, Investment, Infrastructure Civil, U.K . Finance, Jefferies, Rail, Defence, Banks, RBC Capital Markets, AIM, London Stock Exchange's, Ashtead Tech, Aquis, FactSet, RBC, Tatton Asset Management Locations: Transport, Britain, Quilter

☆ Linde falls after its guidance fails to wow the market. We've seen this movie before
▼ + stars: | 2024-10-31 | by ( Jeff Marks | ) www.cnbc.com time to read: +8 min

To be sure, it wasn't the typical beat-and-raise quarter that Linde has become known for over the years. Linde Why we own it: The industrial gas supplier and engineering firm has a stellar track record of consistent earnings growth. It increased to $10 billion thanks to the largest gas project sale in company history. Other companies in the industrial gas space have a shakier track record at this, especially for clean hydrogen projects. Guidance For the fourth quarter, Linde expects adjusted EPS in the range of $3.86 to $3.96, implying 8% to 10% growth compared with the year-ago period.

Persons: Linde, —, Sanjiv Lamba, shouldn't, Lamba, Jim Cramer's, Jim Cramer, Jim Organizations: Linde, Revenue, LSEG, LIN, Products, CNBC, Tanks, Bloomberg, Getty Locations: Americas, Europe, Middle East, Africa, Asia, China, India, Dow Chemical's Fort Saskatchewan

☆ Running isn't just about fitness — these 8 products are shaping the new look of run clubs
▼ + stars: | 2024-10-30 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +7 min

Popular brands among runners will include Nike, Hoka, Bandit, and Lululemon. Luxury apparel companies like Minted New York and Loewe collaborate with running brands like Saucony and On Running, while even run clubs like Endorphins Running include merch drops. Reneé Noe, a running influencer who started the Noe Bad Vibes running club for women, said she sees AlphaFlys a lot, too. They blew up in popularity in the last few years; in 2021, they were dubbed as some of the most iconic running hats by Believe in the Run, a running media company. AdvertisementShe and Mazarra also said the running belt ($38) is a big hit in the running world, and Noe is a huge fan.

Persons: —, Loewe, Michael Mazarra, Mazarra, they're, Reneé Noe, Noe, Ciele's GOCaps, Nick Bare's, SPIbelt, fanny, FlipBelt, Gu, Eliud Kipchoge, Lululemon Noe, it's, Venu, COROS, Oakley, Lite Oakley Mazarra Organizations: Nike, Service, York City, Nike Nike, GOCap, FlipBelt, Maurten, Tech, PACE, Garmin, Pace, Oakley Locations: New York, Vaporflys, Brooklyn, New England, California

☆ Be careful. Analysts are downbeat on these earnings reports due next week
▼ + stars: | 2024-10-30 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Big Tech companies are helping propel third-quarter earnings growth, but some analysts are less optimistic about a handful of names reporting next week. To help investors prepare for what is still to come, CNBC Pro screened FactSet data to find stocks reporting next week where analysts are losing conviction. Analysts have trimmed their earnings estimates by more than 21% over the past three months and 29% over the trailing six months. What's more is analysts have lowered earnings estimates nearly 30% over the past three months and roughly 24% over the past six months. AIG YTD mountain AIG stock.

Persons: Stocks, Daniels, Michael Zaremski, YTD, Zaremski Organizations: Big Tech, CNBC Pro, AIG, CVS Health, Daniels, Midland, ADM, BMO Capital Locations: Archer, Illinois, Albemarle, Corteva

I found what I was looking for in the Coway Airmega AP-1512HH Mighty, an air purifier designed for medium-to-large rooms. Coway Airmega AP-1512HH Mighty Air Purifier If you need a powerful, energy-efficient air purifier for medium to large rooms, the Airmega AP-1521HH Mighty is your best option. AdvertisementOur review of the Coway Airmega AP-1521HH MightyThe Coway Airmega AP-1512HH Mighty prefilter captures large particles like pet fur. Air quality sensor: Open the air quality sensor cover every two months (or sooner in dusty environments) and clean it with a soft brush or vacuum cleaner. Heidi Borst/Business InsiderConsider the Coway Airmega AP-1512HH Mighty if you're seeking an effective and user-friendly air purifier for a medium-to-large environment.

Persons: unpackaging, Heidi Borst, it's, Max Organizations: Business, Amazon, Walmart, Energy, Environmental Protection Agency, PM, Honeywell Locations: Eco

☆ This Stanford professor went to Bhutan to learn about happiness. Here's his No.1 takeaway
▼ + stars: | 2024-10-29 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +4 min

What is the key to human happiness? That's one of life's biggest questions and Ron Gutman has dedicated a big part of his career to learning more about the topic. In his quest to learn more about human happiness, he decided to conduct some real-world research. Ron Gutman with local spiritual and religious leader, Khedrupchen Rinpoche, during his October 2024 trip in Bhutan. The key to happiness: simplicitySo, what is the key to human happiness?

Persons: Ron Gutman, Gutman, Khedrupchen Rinpoche, Gutman trekked, Bhutan's, Jigme Singye Wangchuck, King Jigme Khesar Namgyel Organizations: TED, Gross, OECD, CNBC, aha Locations: Kingdom of Bhutan, Bhutan, Bhutan The Kingdom, India, China, King, Paro, There's

☆ More than 1 in 3 tree species are at risk of going extinct, new analysis shows
▼ + stars: | 2024-10-28 | by ( Rachel Ramirez | ) edition.cnn.com time to read: +3 min

CNN —The world’s trees are in critical danger, with a staggering number of tree species teetering on the brink of extinction, according to a new global analysis released Monday. The decade-long project found that more than one in three tree species are threatened with extinction, underscoring the scale of the crisis facing our planet’s ecosystems. Kadir van Lohuizen/NOOR/Redux/FILEThe highest portion of threatened trees is found on islands like Fiji, Cuba and Madagascar. The Red List is considered the most comprehensive global source for threatened species and extinction information. Being listed as a threatened species means that the species faces the risk of extinction, sending a serious warning sign that calls on governments and organizations to take urgent conservation efforts to prevent a species’ extinction.

Persons: ” Grethel Aguilar, ” Aguilar, Kadir van Lohuizen, Aguilar Organizations: CNN, International Union for Conservation, IUCN Locations: Cali , Colombia, Colombia, Fiji, Cuba, Madagascar, South America

☆ Big Tech goes nuclear: Amazon's pitch to use power plants shows the crucial role the energy source plays for AI
▼ + stars: | 2024-10-25 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, inside Amazon's internal pitch for turning to nuclear power to meet its growing energy needs . AdvertisementThat's led Big Tech to consider nuclear power to address its skyrocketing energy requirements. Nuclear power ticks that box better than other clean energy options like solar or wind. Nuclear power, meanwhile, is an industry in desperate need of some love , BI's Daniel Geiger and Ellen Thomas previously reported. From advertising platforms to AI tech companies, here's the startups to watch .

Persons: —, Jocko Willink, we've, Jenny Chang, Rodriguez, That's, Business Insider's Eugene Kim, Andy Jassy, it's, Sam Altman, Eugene, BI's Hasan Chowdhury, BI's Daniel Geiger, Ellen Thomas, Jim Burke, Vistra, Chelsea Jia Feng, Elon Musk, Jean Boivin, He's, Marc Benioff isn't, bashed, Miles Brundage, OpenAI, Emma Tucker's, Tucker, Mike Jeffries, SpaceX's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi Organizations: Business, Service, Navy, Big Tech, Amazon, Microsoft, Google, Keystone, Hulton, Constellation Energy, Getty, EV, BlackRock Investment Institute, San Francisco, BI, AGI, Abercrombie, Fitch Locations: Fukushima, Pennsylvania, Arizona, New York, London

☆ Startup CEO shares his plan for a radical 'blended wing' jet to rival Boeing and Airbus
▼ + stars: | 2024-10-25 | by ( Taylor Rains | ) www.businessinsider.com time to read: +7 min

A startup planemaker announced a 200-passenger "blended wing body" plane to rival Airbus and Boeing. AdvertisementAircraft manufacturer Natilus wants to build a new type of airliner to rival Airbus and Boeing as the industry demands more efficient planes. Natilus said its Horizon plane would be up to 50% more fuel efficient per passenger. Natilus joins a growing list of BWB plane developers. Airbus announced its BWB jetliner in 2020, while JetZero unveiled its "Pathfinder" widebody BWB design in April.

Persons: —, Natilus, Aleksey Matyushev, Matyushev, it's, Natilus Matyushev, JetZero Organizations: Airbus, Boeing, Service, Aircraft, Airlines, Max, SAF, Emirates Locations: California, Europe, Hawaii, Kona

☆ Big Tech is creating a new market for small nuclear reactors — these stocks are ways to play it
▼ + stars: | 2024-10-25 | by ( Spencer Kimball | ) www.cnbc.com time to read: +4 min

Small modular reactors (SMRs) promise to reduce capital costs and accelerate construction timelines that typically plague nuclear plants, but the technology has struggled to reach the commercial stage. The difference now is the appetite of tech companies for fossil-free fuel. The market for SMRs could grow by two gigawatts to five gigawatts by 2035 assuming big tech companies make up a majority of the demand, Percoco said. The small, pure-play advanced reactor companies NuScale and Oklo are options, but their stocks are volatile and business outlook uncertain. SMR OKLO 1M mountain NuScale Power has climbed 54% and Oklo by 117% in the past month.

Persons: Paul Zimbardo, Morgan Stanley, Andrew Percoco, Percoco, Zimbardo, NuScale, Sam Altman, Kenneth Parks Organizations: Google, Jefferies, CNBC, Amazon, Tech, Microsoft, Constellation Energy, GE Vernova, GE Locations: Kairos, Pennsylvania, SMRs, Idaho, Ontario

☆ Nvidia's Marc Spieler Transforms Energy Sectors With Cutting-Edge AI
▼ + stars: | 2024-10-24 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: 1 min

Spieler, one of Business Insider's 2024 AI Power List picks, is Nvidia's main envoy in the energy industry, including oil and gas, renewables, power generation, and utilities. He works with industry leaders to leverage Nvidia's AI tools to help improve efficiency, reduce carbon emissions, and make power grids more resilient. He recently worked with the energy giant Shell to create a model to screen for carbon-capture sites. Spieler joined Nvidia in 2019 after nearly 14 years at Halliburton, where he most recently worked on acquisitions. See Business Insider's full AI Power List

Persons: Spieler, Halliburton Organizations: Nvidia, Halliburton, Silicon Graphics, Hewlett Packard Enterprise

☆ Anchor is some of the lowest carbon intensity in the world, says Chevron CEO Mike Wirth
▼ + stars: | 2024-10-24 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAnchor is some of the lowest carbon intensity in the world, says Chevron CEO Mike WirthChevron Chairman and CEO Mike Wirth joins 'Mad Money' host Jim Cramer to talk Chevron's newest off shore oil platform.

Persons: Mike Wirth Chevron, Mike Wirth, Jim Cramer Organizations: Chevron

Search resuls for: "Carbon"

25 mentions found