Cleantech & EV'sNews

New US solar capacity additions have edged past natural gas in 2023

Solar capacity has grown faster in US electrical generation than all other energy sources in the first three quarters of 2023, according to new data from FERC.  The Federal Energy Regulatory Commission’s latest monthly “Energy Infrastructure Update” report (with data through September 30, 2023), which was reviewed by the SUN DAY campaign, reveals that solar provided 9,924 megawatts (MW) of…
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Cleantech & EV'sNews

Michigan-based EV battery startup ONE cuts staff by 25%

Michigan-based EV battery startup ONE, Our Next Energy, has cut its workforce by 25% due to market pressures. One of the many players in the race to develop an LFP battery pack on North American soil, ONE is one of the most valuable privately held companies in the US and plans to build a $1.6 billion gigafactory in Michigan. The company, headquartered in Novi, a suburb of Detroit, announced…
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GamingNews

Why Owen Mahoney stepped down after a decade of success as Nexon’s CEO

Owen Mahoney joined Nexon in 2010 as CFO, and he oversaw its initial public offering in 2011. He has led the company as president and CEO since 2014. Under his leadership, Nexon delivered consistent growth in revenue and operating income and the most robust pipeline in the company’s history. So why is he stepping down? Nexon announced on November 11 that Mahoney will step down in March 2024 and…
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AI & RoboticsNews

Elon Musk’s xAI will launch ‘Grok’ chatbot this week: Here’s what to expect

xAI, the company Elon Musk founded to take on OpenAI and other startups racing in the elusive AI space, is set to launch its first offering ‘Grok’ this week. The billionaire, known for companies like Tesla, SpaceX and Neuralink, has announced that the AI chatbot will be integrated into the X platform (formerly Twitter) as part of an early access program. The company has already opened signups…
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