Elemental Impact
Coverage of Elemental Impact in the Nexus archive.
- The Download: climate tech goes public and the AI Hype Index returns
Climate tech companies like Solv Energy, X-energy, and Fervo Energy have seen successful IPOs with valuations exceeding $6 billion, $11.5 billion, and $12.4 billion respectively, driven by rising electricity demand from data centers. The article also highlights the AI Hype Index, regulatory developments in AI safety laws, and tech industry moves in clean energy and AI chip production.
- Tech giants back new data center climate initiative
Microsoft, Google, Amazon, and Meta are partnering with nonprofit Elemental Impact to develop climate-friendly technologies for data centers, focusing on advanced cooling, energy storage, and low-carbon materials. The initiative aims to use AI infrastructure expansion as a testbed for sustainability innovations, with funding from tech companies and philanthropies like Breakthrough Energy.