Tag: Artificial intelligence

BusinessEnergyManufacturing

Redwood Materials Secures $350M Funding to Expand Grid Battery Production Amid AI Power Demand

The Nevada-based battery recycler and materials supplier has raised fresh capital to accelerate its energy storage business as electricity demand from AI data centers surges. The funding round was led by Eclipse with participation from Nvidia’s investment arm.

Major Funding for Domestic Battery Production

Redwood Materials, a prominent battery recycler and materials supplier, has reportedly secured $350 million in new funding to expand its grid-scale energy storage operations, according to company statements. The funding comes as electricity demand, particularly from artificial intelligence data centers, continues to surge across the United States.

by Darren Holt
AIBusinessSoftware

Microsoft Explores AI Assistant Integration for On-Premises Exchange Servers

Microsoft is reportedly gauging interest in bringing its Copilot AI assistant to on-premises Exchange Server deployments. The survey explores potential features while addressing critical data privacy considerations that concern many administrators.

Microsoft Probes Interest in On-Premises AI Integration

Microsoft is reportedly exploring the possibility of extending its Copilot AI assistant to on-premises Exchange Server implementations, according to recent survey findings. The company is actively seeking administrator feedback about potential features and deployment requirements for locally hosted email systems, sources indicate.

by Ryan Holbrook
AIBusinessTechnology

Meta Trims 600 Positions in AI Superintelligence Division While Retaining Top Talent

Meta has cut approximately 600 positions from its newly formed Superintelligence Labs division, according to internal reports. The layoffs primarily affect AI infrastructure and research teams while the company’s highest-profile recent hires remain protected under the new leadership structure.

Major Restructuring at Meta’s AI Division

Meta has eliminated approximately 600 positions within its Superintelligence Labs division, according to internal company communications and industry reports. The job cuts represent a significant restructuring of the multibillion-dollar AI initiative that was established earlier this year to accelerate the company’s artificial intelligence capabilities.

by Ryan Holbrook