PYMNTS-MonitorEdge-May-2024

energy

US Power Grid Bottlenecks Threaten AI Innovation, Experts Say
US Power Grid Bottlenecks Threaten AI Innovation, Experts Say
November 19, 2024  |  artificial intelligence

Nvidia’s push into overseas artificial intelligence (AI) infrastructure highlights growing worries about America’s outdated power grid. The potential departure of AI investment spotlights a critical...

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Tech Firms Bet on Sustainable Data Centers to Cut AI Costs
Tech Firms Bet on Sustainable Data Centers to Cut AI Costs
August 30, 2024  |  artificial intelligence

As artificial intelligence (AI) reshapes industries, tech companies are racing to build greener data centers that slash energy costs without sacrificing performance. Firms like Sustainable...

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Trending: How Energy Efficient LLMs Could Boost GenAI Use in eCommerce
Trending: How Energy Efficient LLMs Could Boost GenAI Use in eCommerce
June 26, 2024  |  artificial intelligence

UC Santa Cruz researchers have devised a method to significantly reduce the energy costs of running large language models. It’s a development that could significantly...

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Ostrom Raises $5M to Go Green
Ostrom Raises $5M to Go Green
January 11, 2022  |  International

The German energy supplier Ostrom is going green. The Berlin-based company has raised 4.4 million euros ($5 million) to finance its goal of making the...

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US Power Grid Eyed As Latest Front In Cyberspace War
US Power Grid Eyed As Latest Front In Cyberspace War
May 04, 2020  |  Security & Fraud

In an age of what might be termed escalating geo-tensions, cyber is emerging as a new front of (possible) conflict. To that end, President Donald...

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PE Firms Look For Investments Among Hard-hit Travel Sectors
PE Firms Look For Investments Among Hard-hit Travel Sectors
March 25, 2020  |  Coronavirus

Despite the massive upheavals in the world economy and droves of people laid off, private equity companies are looking to swoop in and invest in...

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Wells Axes 200+ Staffers From US Lending Units
Wells Axes 200+ Staffers From US Lending Units
October 27, 2019  |  Personnel

Sources have revealed that Wells Fargo has laid off more than 200 bankers in its U.S. lending division in recent months, with a focus on...

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Payment Cards Shine A Light On Construction Spend For Solar Firms
Payment Cards Shine A Light On Construction Spend For Solar Firms
September 24, 2019  |  Spend Management

The solar energy market’s rapid growth has many field-based solar technicians finding themselves on shaky financial ground when making expensive out-of-pocket purchases for a job....

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How Spending Cards Lighten Solar Installation’s Financial Burden
How Spending Cards Lighten Solar Installation’s Financial Burden
September 20, 2019  |  Spend Management

  The U.S. construction market is on track to reach $1.8 trillion by 2023. In order for construction firms, contractors and subcontractors to succeed in...

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