With a big splash on Sunday, Bill Gates unfurled a new investment fund for clean energy projects along with a who’s who of tech CEOs. Absent from the list was anyone from Google (or its parent, Alphabet).But that’s no sign it’s slouching on the matter, Google will have you know. On Thursday morning, the search giant announced its largest ever purchase of renewable energy to power its massive data centers. Google claims it’s the biggest such purchase from a non-utility company to date.
It’s no secret tech luminaries like Elon Musk and Bill Gates worry about humanity flirting with disaster though a digital version of the Icarus myth – in our case, the power of artificial intelligence being the sun that eventually burns our wings.Even so, not every futurist or technology pioneer is quite so alarmed that our experiments with AI might confine us all to dystopian doom.
Varentec has snagged a cash infusion of $8 million in a Series B funding round led by Microsoft Corp. CEO Bill Gates and long-time investor Khosla Ventures.
The San Jose-based company, which provides power control technology for the electric grid, said it plans to use the new funding to roll out its power monitoring, control and data analytics products in electric utilities in the U.S. and abroad.
Liquid Metal Battery Corporation, which says it found the solution to storing energy from renewable sources, is getting a new charge in funding.
Led by cleantech investor Khosla Ventures, the battery tech company has raised $15 million in a second round of funding. LMBC has also attracted the attention of energy company Total and investor Bill Gates, who returned for this second funding round.
The company is the brainchild of Dr. Donald Sadoway, an MIT professor who developed the battery technology to be low cost and easy to deploy.