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Why Data Centers Favor On-Site Gas Power

Why Data Centers Favor On-Site Gas Power Most data center developers opting for on-site gas power say that they see it as a “bridge” solution until a grid connection is secured. Yet economics may favor keeping those assets running even after grid power becomes available. A recent BloombergNEF analysis shows the marginal cost of operating an on-site gas plant may be below industrial electricity tariffs, making continued generation from on-site assets the cheaper option in many cases.  Marginal generation costs depend on fuel prices and variable operating expenses. BloombergNEF modeled the marginal...
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Sep 16, 2026 / Tyler Durden
Two Robinhood Engineers Accused Of Making $50,000 By Front-Running Crypto Listings
Two Robinhood Engineers Accused Of Making $50,000 By Front-Running Crypto Listings Federal prosecutors have accused two former Robinhood engineers of turning their access to the company’s crypto plans into personal trades, according to Bloomberg. Hefu Chai, 36, and Huaisong Xiang, 30, are accused of learning in advance which digital assets Robinhood intended to add to its platform. Rather than simply keeping that information inside the company, prosecutors allege they positioned themselves in derivatives tied to those tokens before the news reached the public. Bloomberg writes that the trades were placed through Hyperliquid,...
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Jun 25, 2026 / Tyler Durden
EU Commissioner Claims That Ukraine Is Gaining The Upper Hand On The Battlefield, In the Air, And At Sea
EU Commissioner Claims That Ukraine Is Gaining The Upper Hand On The Battlefield, In the Air, And At Sea Via Remix News, Ukraine is gaining the upper hand on the battlefield, in the air and at sea, while Ukrainian drones have stopped Russia’s ground advance and are causing serious disruptions to Russian logistics, EU Commissioner for Defense and Space Policy Andrius Kubilius said on Tuesday in Brussels. In his speech launching the European defense and security summit, the commissioner pointed out that Ukrainian drones can paralyze the supply of the Russian army...
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Jun 16, 2026 / Tyler Durden
SpaceX Acquires Cursor AI In $60 Billion Deal As Coding Agent Race Heats Up
SpaceX Acquires Cursor AI In $60 Billion Deal As Coding Agent Race Heats Up SpaceX has agreed to acquire AI coding startup Cursor for $60 billion, giving Elon Musk's artificial intelligence empire a leg up in the chatbot coding race currently led by frontier AI labs such as OpenAI, Anthropic, and Google. The Cursor acquisition was announced in a SpaceX 8-K filing with the SEC on Tuesday morning. Details of the deal show that Cursor shareholders will receive SpaceX Class A common stock, implying a Cursor equity value of $60 billion. The...
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