Texas's newest solar farm has a nameplate capacity of 875 MW, with 85% allocated to power Google data centers, raising concerns about the increasing energy demands of AI technologies. At a recent conference in Riyadh, industry leaders warned that electricity use could surge by 40% in the next decade, potentially straining global grids. As tech giants explore nuclear and renewable energy sources, the rush to support data centers may divert resources from meeting the needs of ordinary consumers.
Anat Ashkenazi, Google's new CFO, emphasized her commitment to enhancing cost efficiencies during her earnings call debut, following strong third-quarter results. She plans to explore further efficiencies across the organization while maintaining investments in cloud and AI infrastructure, anticipating higher capital expenditures in 2025. Ashkenazi highlighted that recent earnings benefited from headcount and facilities management, with AI integration expected to drive additional efficiencies.
Waymo has secured $5.6 billion in funding to expand its robotaxi service in major U.S. cities, including Los Angeles, San Francisco, and Phoenix, while also partnering with Uber to launch in Austin and Atlanta. The investment brings Waymo's total capital raised to $11.1 billion, as it continues to operate the only commercial robotaxi service in several metro areas, conducting over 100,000 weekly trips. Despite safety concerns and competition from companies like Cruise and Tesla, Waymo's self-reported data indicates its vehicles crash less often than human drivers.
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