A Mayan city was discovered in the Mexican jungle after being hidden for more than 1,000 years. Airborne laser mapping allowed researchers to peer through the dense canopy to detect the 37-acre settlement on the Yucatán peninsula; the team then hacked a three-mile path through the jungle with machetes to ...
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Europe’s missed energy transition opportunitiesEurope’s missed energy transition opportunities
EU authorities risk curbing investments in the continent’s energy transition because of a combination of a failure to integrate its capital markets and regulatory shortcomings, multiple bankers said during London Climate Action Week. European and UK regulations are too prescriptive about favored technologies in the energy storage sector, and officials ...
Ukraine’s biggest energy company betsgoes greenUkraine’s biggest energy company betsgoes green
Ukraine’s biggest energy company is moving renewables to the forefront of its plan to rebuild a more secure grid after four years of devastating attacks. In DTEK’s first energy transition plan, published this week, the company committed to entirely closing down its fleet of coal-fired power plants and coal mines ...
Trump blames ‘Big Oil’ for gas pricesTrump blames ‘Big Oil’ for gas prices
Oil prices have landed back to near pre-war prices as the US and Iran projected progress in peace talks, and more tankers passed through the Strait of Hormuz than at any time since the conflict began. But US retail gas prices have stayed north of $3.90, prompting President Donald Trump ...
Russia’s fuel crisis worsensRussia’s fuel crisis worsens
Fuel prices at Russia’s airports have spiked 17% in June, as the country’s energy crisis deepens due to intensified Ukrainian strikes on Russian refineries. Gasoline production this month is 25% lower than a year ago, and several regions have announced fuel rationing. Moscow’s biggest refinery, damaged in Ukraine’s largest-ever attack ...
Gulf states appear skeptical of Iran dealGulf states appear skeptical of Iran deal
The Gulf appears skeptical about the US-Iran deal despite Washington’s assurances that it will restrain Tehran and preserve regional security. The UAE, Kuwait, and Bahrain reportedly fear the agreement leaves Iran’s military capabilities intact and unlocks funds to strengthen its armed forces. The US secretary of state is hoping to ...
Chinese AI firm Zhipu plans billion-dollar share sale amid rallyChinese AI firm Zhipu plans billion-dollar share sale amid rally
Chinese AI startup Zhipu is weighing a multi-billion dollar share sale after it skyrocketed around 2,000% since its January IPO, Bloomberg reported, underscoring the enduring optimism around the country’s AI stocks. Beijing’s measures to expand AI adoption across consumer markets and plans to ease listing requirements for AI companies have ...
Micron posts blowout earningsMicron posts blowout earnings
US chipmaker Micron reported strong results Wednesday to top off a multi-day tech stock whipsaw. The company’s third quarter revenue beat expectations by more than 15%, as AI infrastructure demand remains insatiable. A “somewhat obscure” company last June, Reuters noted, Micron is now “a Wall Street darling,” CNBC wrote, thanks ...
Jack Clark: AI itself can stem cognitive declineJack Clark: AI itself can stem cognitive decline
The concern that humanity’s reliance on AI systems will stunt people’s ability to think and reason for themselves is one that AI companies should address, Anthropic co-founder Jack Clark said at a recent Aspen Institute event. One example: Anthropic’s Claude chatbot has started asking users clarifying questions about their prompts, ...
Coding finds new screensCoding finds new screens
The News Can your whole laptop fit on your face? A world is coming into view where employees dump their laptops and navigate the workday with nothing but a pair of smart glasses, according to Darko Mesaros, who works at AWS as an advocate for outside developers. Mesaros’ smart glasses ...