Unique hybrid device generates electricity and stores thermal energy efficiently and sustainably

An international research team led by the Universitat Politècnica de Catalunya—BarcelonaTech (UPC) has created a hybrid device that combines, for the first time ever, molecular solar thermal energy storage with silicon-based photovoltaic energy. It achieves a record energy storage efficiency of 2.3% and up to 14.9% total solar energy utilization. Photovoltaic solar energy has become […]

Big Tech set to invest $325 billion this year as hefty AI bills come under scrutiny

Meta (META), Microsoft (MSFT), Amazon (AMZN), and Google parent Alphabet (GOOG) are expecting to spend a cumulative $325 billion in capital expenditures and investments in 2025 driven by a continued commitment to building out artificial intelligence infrastructure. Taken together, this marks a 46% increase from the roughly $223 billion those companies reported spending in 2024. […]

How Digital Banking is Helping Small Businesses

As technology continues to evolve, so too do the tools that banks have at their disposal. By Jim Pytell, Managing Editor On Feb 7, 2025 According to the 2024 Bank of America Business Owner Report, digital transformation continues to be a key priority for businesses, with 71% of small business owners and 99% of mid-sized […]

Cutting emissions in buildings and transport is already achievable with existing technologies, says study

A study published in Nature Energy reveals that a combination of electrification, improved energy efficiency, and smarter energy use can significantly reduce greenhouse gas emissions in buildings and transport—two sectors that together account for 58% of global energy consumption and 26% of global emissions. Researchers, including from the CMCC, show that these reductions are achievable […]

Amazon plans to spend $100 billion this year to capture ‘once in a lifetime opportunity’ in AI

Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its investments in artificial intelligence. The capex figure exceeds last year’s spending of roughly $83 billion. Amazon CEO Andy Jassy had predicted in October that the company’s 2025 capex would surpass last year’s figure, primarily driven by growth in […]

Toyota’s first EV battery plant in the US is ready for business, but there’s more

The world’s largest automaker wants to catch up in the global EV race after falling behind rivals like Tesla and BYD. On Wednesday, Toyota announced that its $14 billion EV battery plant in North Carolina is open for business. The new facility will begin shipping batteries for Toyota’s electric vehicles in April. Meanwhile, Toyota revealed separate plans to challenge […]

OpenAI and SoftBank Forge Deal to Transform Enterprise AI

OpenAI partners with SoftBank to launch Cristal intelligence, an enterprise AI system set to automate workflows and reshape business operations in Japan Enterprise AI has hit a pivotal moment. Companies are moving past experimental phases and diving into full-scale deployments. The focus has shifted from building general-purpose AI models to developing systems that integrate deeply with […]

Google drops pledge on AI use for weapons

Alphabet, the parent company of technology giant Google, is no longer promising that it will never use artificial intelligence (AI) for purposes such as developing weapons and surveillance tools. The firm has rewritten the principles guiding its use of AI, dropping a section which ruled out uses that were “likely to cause harm”. In a […]

Self-powered sensor can generate electricity and light simultaneously using only movement

DGIST research teams have developed a self-powered sensor that uses motion and pressure to generate electricity and light simultaneously. This battery-free technology is expected to be used in various real-life applications, such as disaster rescue, sports, and wearable devices. Triboelectric nanogenerators (TENG) and mechanoluminescence (ML) have attracted attention as green energy technologies that can generate […]