American construction and mining equipment maker; world’s largest in its field.
Recent data shows a sharp rise in home battery installations across several states, driven by high electricity prices and policies that reward rooftop solar plus storage. Utilities and tech firms see these distributed assets powering a future grid and supporting data centers, AI workloads, and virtual power plants. Major players are expanding partnerships to coordinate thousands of home batteries for grid needs.
Across multiple projects, autonomous and humanoid machines are moving from labs to factories and field sites. From Louisiana’s solar-grid work to Austin’s Robot Park and a Chinese factory livestream, developers say robots are proving value in real-world settings while building data and capability for broader deployment.
Michael Burry has placed bearish bets against key AI-driven stocks and the SOXX semiconductor ETF, while updating bets on Nvidia, Tesla, and Caterpillar. The moves come as chipmakers and AI-related firms rally on spending and demand signals, with Burry warning the rally may be near its end.
Renewables now account for a growing share of global power, but Africa’s path requires building institutions to turn resources into reliable, affordable electricity. The Bloomberg Africa initiative and recent policy shifts show a push to remove bottlenecks in market design, grid access, and financing to unlock private investment and extend electricity to hundreds of millions.
Governor Kathy Hochul has signed an executive order imposing a one-year pause on state permits for new hyperscale data centres that use 50 megawatts or more. The order directs regulators to produce an environmental impact review and considers requiring centres to pay for their own power, contribute to grid upgrades and lose tax breaks.