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Lightning Round: Wait for Oklo to come in, says Jim Cramer
CNBC Television· 2025-07-02 00:14
brilliantly. >> It is time for the lightning. To close my players out.And then the lightning round is over. Are you ready. Ski alert.I'm Judy in Pennsylvania. Judy. >> Hey, Jim.I'm a new student of yours. I inherited some money. Wanted to learn a little bit about the market and listen to you a couple of weeks ago.And did a little investing in I. >> Wow, you went right for the speculative. Okay.That's good. That's. But that's only going to be your one speculation.We are not going to do other speculations bec ...
Google's data center energy use doubled in four years
TechCrunch· 2025-07-01 19:52
Core Insights - Google's data centers have seen a dramatic increase in electricity consumption, more than doubling from 14.4 million megawatt-hours in 2020 to 30.8 million megawatt-hours in 2024, indicating a growth of over 113% in just four years [1][2][5] - Data centers are responsible for 95.8% of Google's total electricity usage, highlighting the significant impact of this segment on the company's overall energy consumption [2] - The company's power usage effectiveness (PUE) has improved only marginally over the past decade, reaching 1.09 in 2024, suggesting that further efficiency gains may be challenging to achieve [6] Energy Strategy - Google is committed to using only carbon-free electricity sources, which has led to substantial investments in various energy technologies, including geothermal, nuclear fission, and fusion [7][10][15] - The company has made significant renewable energy purchases, including 600 megawatts of solar capacity in South Carolina and 700 megawatts in Oklahoma, as part of a broader $20 billion investment in carbon-free power plants [11][12] - Currently, about 66% of Google's data center electricity consumption is matched to the hour with carbon-free sources, but there are regional disparities, with Latin America achieving 92% while the Middle East and Africa only reach 5% [14]
Meta buys a nuclear power plant (more or less)
TechCrunch· 2025-06-03 16:34
Meta announced Tuesday morning that it was paying billions of dollars to keep an Illinois nuclear power plant running through 2047. The social media company will buy all the “clean energy attributes” of Constellation Energy’s Clinton Clean Energy Center, a 1.1 gigawatt nuclear power plant in central Illinois, starting in June 2027.Electricity will still flow to the local grid, so Meta’s purchase won’t directly power one of its data centers, though the company does have one about two hours north of Clinton i ...