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DOE Advances Investments in AI for Science

The U.S. Department of Energy (DOE)has announced over $320 million in investments to rapidly advance the Genesis Mission’s artificial intelligence (AI) capabilities. These awards are in accordance with President Trump’s Working Families Tax Cut and other DOE appropriations to advance “AI for science” initiatives at the DOE. The awards will begin building the integrated American Science and Security Platform, a discovery engine designed to double the productivity and impact of American science and engineering investments within a decade. To view the full list of projects and awards, please click here. DOE Advances Investments in AI for Science – electrifiED

 

GE Vernova Outlines $600M US Expansion

GE Vernova Inc. outlined a capital investment program for U.S. manufacturing and development operations totaling close to $600 million through 2027. It projected the investments would address issues involving energy affordability, national security, and manufacturing growth, and would prompt the creation of more than 1,500 new jobs. GE Vernova, which is the former General Electric portfolio of businesses that manufacture industrial and alternative energy systems, pegged the new U.S. investments as part of its broader, $9-billion global capital investment and research program. Among the planned U.S. investments:

  • Greenville, SC ($160 million)
  • Niskayuna, NY ($100 million)
  • Parsippany, NJ, Bangor, ME, Schenectady, NY ($50 million each)
  • Clearwater, FL, Charleroi, PA ($20 million each)
  • Also Pensacola, Grand Forks, Amarillo, Wilmington, Pittsburgh

Energy Giant Outlines $600M US Expansion | GE Vernova | American Machinist

 

What Are Stablecoins and How Do They Work?

Stablecoins are less volatile than other cryptocurrencies (like Bitcoin) and due to crypto assets’ inherent instability, stablecoins are growing in popularity with both crypto and traditional markets. Stablecoins are a type of crypto asset, but one that offers a way to bridge the gap between fiat currencies like the U.S. dollar and cryptocurrencies. Because they are price-stable digital assets that behave like fiat but maintain the mobility and utility of cryptocurrency, stablecoins are a novel solution to crypto volatility: price stability is built directly into the assets themselves.  There are four primary stablecoin types, identifiable by their underlying collateral structure: fiat-backed, crypto-backed, commodity-backed, and algorithmic stablecoins.  What Are Stablecoins and How Do They Work? | Gemini