Google Deepens Anthropic Bet With Up To $40 Billion Investment

Hungary Returns Ukrainian Bank Cash & Gold Seized During Election Campaign Authored by Thomas Brooke via Remix News, Hungary has returned money and valuables belonging to Ukrainian state-owned bank Oschadbank after authorities seized the shipment earlier this year while it was being transported from Austria to Ukraine. Ukrainian President Volodymyr Zelensky announced the return on Telegram on Wednesday, saying the assets had been seized by Hungarian special services in March, a move he claimed had been unjustified. “Today, the funds and valuables of Oschadbank, seized by Hungarian special services in March of this...

"Build Geothermal At Scale": Fervo Energy Locks In 1.7 GW Turbine Supply Deal With Turboden Fervo Energy and Turboden, part of the Mitsubishi Heavy Industries Group, announced a three-year framework agreement to supply Organic Rankine Cycle (ORC) turbines for up to 35 of Fervo’s standardized 50 MW GeoBlocks. The deal totals 1.7 gigawatts of carbon-free, dispatchable baseload power, marking a major step toward scaling next-generation geothermal across the United States. The agreement builds directly on an earlier pact covering three GeoBlocks at Fervo’s Cape Station project in Utah, where Phase I...

Airline Stocks Soar On Iran Ceasefire As IATA Sees "Positive" Tailwinds, But Warns Jet Fuel Crisis Will Persist Airline stocks are flying high in premarket trading in New York after the overnight ceasefire between the Trump administration and Tehran. The truce is a positive for the aviation industry, which has been locked in turbulence for six weeks, as surging jet fuel prices have crushed the margins of major carriers, forcing ticket and baggage price hikes and triggering travel chaos across the Gulf region. "Even two weeks is a positive because we...