TLDR · MISCELLANEOUS

SAM ALTMAN INVESTS IN ENERGY STARTUP FOCUSED ON AI DATA CENTERS

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Summary from the TLDR newsletter

Sam Altman and other investors, including venture capital firm Andreessen Horowitz, have put $20 million into Exowatt, a company that aims to provide big data centers with clean energy. The AI industry uses a lot of energy - a single new data center can use as much electricity as hundreds and thousands of homes. Exowatt has developed modules roughly the size of shipping containers that hold solar lenses that convert energy from the sun into heat. The company hopes to eventually offer electricity as cheap as 1 cent per kilowatt-hour without subsidies.