We have been highlighting for months that, even if deploying new solar/wind capacity and building/reopening nuclear plants are key to tackling the power challenge arising from data centers in the medium and long term, these initiatives are unlikely to come online fast enough to handle short-term extra electricity demand. Accordingly, transitory solutions to fill the…
While most software companies, from the small ones (C3.ai, MongoDB…) to the large ones (Adobe, ServiceNow, Salesforce…), are now wannabe AI companies, Palantir is the real deal in our view. The company, known for its software products used by governments/military around the world, has developed over the years an AI platform (AIP) that is quickly…
GE Vernova kicked off the earnings season in style for the electrification/powering AI theme last week, with two of its three main units delivering impressive results. The group’s Power unit (generation equipment) recorded a significant +470bp margin expansion to 11.9% and 34% bookings growth, while the Electrification unit (grid equipment) grew 22% and boasted a…
After Microsoft, that is financing the restart of an idle reactor, Amazon and Google just made the headlines by announcing that they both will bet on a very promising technology, small modular reactors or SMRs. The former (which also acquired earlier this year a data center powered by an adjacent nuclear power plant) will partner…
The upcoming earnings season could be a bit noisy for the cybersecurity players, as violence escalation in the Middle East is likely to have hampered project timelines and delays product innovations in Israel where many cybersecurity firms are located and/or have large R&D teams. It’s probably no coincidence that Q3 VC funding in cybersecurity startups…
Even if there’s been a lot of excitement around AI in the last two years, there’s been a very limited number of pure play IPOs given that the market is dominated by a handful of players in computing (Microsoft, Amazon…), models/software (OpenAI, Anthropic…) and computing hardware (Nvidia, AMD). News that Cerebras, a US-based AI chip…
On Friday, US electric utility Constellation announced the restart of its Crane nuclear plant, that had been shut down in 2019 for economic reasons, along with a 20-year power supply agreement with Microsoft. The Tech giant will then secure 835 MW of power over 20 years to supply its data centers in the PJM Interconnection,…
Just months after the US Senate passed the ADVANCED Act, a landmark legislation designed to ease the permitting process for nuclear reactors and reduce costs and construction times (see our previous report), various US administrations are moving fast on the nuclear topic. The Nuclear Regulatory Commission (NRC) indeed exempted Kairos Power from a full environmental…
Earlier this year, Google unveiled an eye-popping text-to-video games model called Genie that allowed to build basic playable games in 2D based on a short description. Six months on, AI in video gaming has made significant advances with gaming giants Roblox and Tencent presenting in recent days their own Generative AI technology that now allows to…
Despite recent concerns around a softening macro, AI spending fatigue and Nvidia’s Blackwell slight delay, the second part of the year and early 2025 are actually shaping up well for the Tech industry. Oracle’s just released FQ1 numbers were highly encouraging and suggested that AI training in data centers remains buoyant, with the company claiming…