Friday, September 20, 2024

Constellation Energy plans to invest $1.6B to revive the Three Mile Island nuclear plant in Pennsylvania and sell all the output to Microsoft data centers (Bloomberg)

Bloomberg:
Constellation Energy plans to invest $1.6B to revive the Three Mile Island nuclear plant in Pennsylvania and sell all the output to Microsoft data centers  —  Constellation to invest $1.6 billion to restart dormant reactor as data-center power demand surges.



Sources: Thrive Capital has already provided $1B+ to OpenAI as part of the $6.5B round; OpenAI's existing backers a16z and Sequoia Capital are not participating (George Hammond/Financial Times)

George Hammond / Financial Times:
Sources: Thrive Capital has already provided $1B+ to OpenAI as part of the $6.5B round; OpenAI's existing backers a16z and Sequoia Capital are not participating  —  Venture groups believe ChatGPT-maker will eventually be the world's dominant AI company and worth trillions of dollars



Indian edtech startup Physics Wallah raises a $210M Series B led by hedge fund Hornbill Capital at a $2.8B valuation, up from $1.1B valuation in June 2022 (Manish Singh/TechCrunch)

Manish Singh / TechCrunch:
Indian edtech startup Physics Wallah raises a $210M Series B led by hedge fund Hornbill Capital at a $2.8B valuation, up from $1.1B valuation in June 2022  —  An Indian edtech startup has secured $210 million in fresh financing amid a tough funding environment for edtech companies …



Sources: the US State Department ordered embassies to push back against foreign influence campaigns, as officials worry anti-US views are taking root worldwide (New York Times)

New York Times : Sources: the US State Department ordered embassies to push back against foreign influence campaigns, as officials worry ...