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Sources: Panthalassa, which aims to power data centers in the ocean using energy generated by waves, is raising $225M at a ~$2B valuation, up from $1B in May (Julia Hornstein/The Information)

AI data centers need boatloads of power, a need that's set off a flood of investment into startups harnessing nuclear or solar energy to run the servers.

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Ford Fathom Is an Electric Truck in Search of a Market

After its ‘compromised’ Lightning electric pickup truck, Ford is ready try to sell a different electric truck to Americans.

  • Ford invests billions in Fathom development for 2027 launch
  • Ford re-evaluates EV lineup due to regulatory changes
  • Fathom aims for compact crossover/SUV buyers transitioning to EVs