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The Atacama desert in northern Chile is emerging as a magnet for investment in energy storage that allows vast solar plants to extend supply after sundown.
The latest project comes from KKR-backed ContourGlobal, an independent power producer that on Wednesday inaugurated a nearly $500 million solar-and-storage facility designed to store daytime solar energy and supply electricity at night. The company bills the project as Latin America’s longest-duration utility-scale battery system.
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An app allowing parents to manage Trump Accounts for their children will be available Thursday, ahead of the program’s July 4 launch, Treasury Secretary Scott Bessent said Wednesday at the White House.
“It will place the American dreams into the palms of the hands of parents and children,” — Bessent said during a cabinet meeting.
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Starcloud has ordered optical terminals from SpaceX to use Starlink as a global data-relay network for its future orbital data centers, deepening ties with the company it is counting on to launch full-size spacecraft.
The Redmond, Washington-based startup announced a contract for more than 50 Starlink Mini Lasers, enough to equip at least 25 satellites with two terminals each as part of a constellation that ultimately envisions 88,000 orbital data centers.
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China's official technology security bodies certified nine domestically designed AI processors for state procurement, creating a brand-new "AI training and inference chips" category under the country's Anke security certification framework.
Their approvals function as a de facto procurement catalog for government agencies, central state-owned enterprises, and other entities covered by Beijing's Xinchuang initiative, the long-running campaign to replace Western hardware and software across sensitive Chinese IT systems.
#BRICS
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"America is now the CRYPTO CAPITAL of the WORLD, and Builders and Entrepreneurs are coming BACK to the United States where they belong. Under my Leadership, we will codify a FUTURE-PROOF Digital Asset Market Structure that cannot be undone by the Crypto Haters. The new Frontier of Finance is being Built in America, and “TRUMP” will NEVER let Crypto down!" — Trump wrote on Truth Social.
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"The near impossible is becoming possible. The Golden Age of lunar exploration has begun," — Isaacman wrote.
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Researchers at the University of Rochester have developed a new solar-thermal desalination process that converts ocean water into fresh water using only sunlight. Even better, it solves the environmental crisis plaguing existing water plants: toxic waste.
This novel method eliminates the need for chemical pre-treatments and completely avoids the creation of toxic liquid brine. The system was tested on actual water samples from the Pacific, Atlantic, and Indian Oceans. It successfully extracted fresh water while continuously shifting the remaining salts into a passive zone for later collection, maintaining peak panel efficiency throughout.
Using water samples from the Great Salt Lake, the team successfully extracted about 50% of the available lithium from the post-desalination residues.
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After a heart attack or other cardiovascular insult, hearts can’t regenerate weakened muscles, leaving them less able to pump blood throughout the body. While medications to manage symptoms of heart failure — including newer obesity drugs — have been improving outcomes, many people ultimately face only two solutions: a heart transplant or heart device implant.
Now a small new study reports progress with a novel method. After people received patches of heart muscle engineered from induced pluripotent stem cells, their re-muscularized heart walls thickened, revving up pumping ability and modestly improving quality of life.
The biological ventricular assist tissue in a patch, called BioVAT for short, was conceived as a bridge to either transplant, where wait times are long, or to implantation of a left ventricular assist device, or LVAD, in end-stage heart failure. A larger trial will help determine who might be the best candidate for this approach and how durable it might be.
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Cloud data storage giant Snowflake has signed a new $6 billion five-year agreement with Amazon Web Services. Snowflake has been offering its AI building tool, Cortex AI, for a couple of years now. It’s a tool that makes sense: Snowflake is where much of an enterprise’s data lives.
Of particular note is that Snowflake is signing this contract for more access to AWS’s home-grown ARM-based CPU chip, Graviton. As AI moves from training to daily usage to automation via agents, CPU usage skyrockets. While GPUs handle training and reasoning, CPUs handle most of the rest of the tasks associated with AI, particularly agents.
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Russia and Kazakhstan signed a series of deals during a visit by President Vladimir Putin, including a currency swap arrangement and an agreement on financing for the construction of the Central Asian nation’s first nuclear power plant.
Bank of Russia Governor Elvira Nabiullina and National Bank of Kazakhstan Governor Timur Suleimenov signed the ruble-tenge swap agreement Thursday in Astana, while Moscow also agreed to provide financing for the nuclear plant that Russia’s state-run Rosatom was selected last year to build.
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Cardano founder Charles Hoskinson has defended Stellar following criticism surrounding its newly announced collaboration with the Depository Trust & Clearing Corporation (DTCC).
"It's prefectly legitimate technology" — Hoskinson wrote on X.
Notably, Hoskinson has maintained a respectful relationship with Stellar and its founder, Jed McCaleb, for years. In 2024, Hoskinson revealed that he had communicated with McCaleb and described the Stellar team as “good people.”
In 2017, he publicly stated that he wanted the Stellar ecosystem to succeed. He also disclosed that Stellar participates in several industry initiatives alongside Cardano.
#Stellar
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U.S. President Donald Trump endorsed Armenian Prime Minister Nikol Pashinyan, calling him “a great friend and leader” ahead of the country’s parliamentary elections on June 7.
“Nikol completely shares my vision of PEACE and PROSPERITY for Armenia and the entire South Caucasus region … Nikol has my COMPLETE and TOTAL Endorsement for Re-Election on June 7, 2026,” — Trump wrote in a post on Truth Social.
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Trump administration officials have pressed the office responsible for printing the nation’s money to design a $250 bill featuring the president’s portrait, according to four current and former employees, in what would be the first appearance of a living person on U.S. currency in more than 150 years.
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French AI startup Mistral AI is expanding into advanced manufacturing, striking deals with new customers Airbus SE and BMW AG. Paris-based Mistral offers AI models and computing infrastructure to corporate clients, and now aims to apply AI to industrial engineering processes including design, simulation and quality control.
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U.S. and Iranian negotiators have reached an agreement on a 60-day memorandum of understanding to extend the ceasefire and launch negotiations on Iran's nuclear program, but President Trump has yet to give it his final approval.
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Finance ministers from Germany, France, Italy, Spain, the Netherlands and Poland — also known as the E6 or 6MS — are meeting in Berlin on Thursday to forge a common position on the EU’s proposed plan to merge capital markets and consolidate oversight, known as the Market Integration and Supervision Package, or MISP.
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"The DTCC is the backbone of the global capital markets. Our role in this partnership is to make that backbone stronger than ever," — said Denelle Dixon, CEO of the Stellar Development Foundation.
#Stellar
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