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Infrastructure Policy

Italy approves measure to reimburse gas-fired plants for fuel costs

Italy's cabinet approved a measure on Monday to reimburse gas-fired power plants for part of their fuel costs, Bloomberg reported, citing an Energy Ministry statement. The plan seeks to limit the impact of surging energy prices on households and businesses ahead of a general election next year. The decree had been delayed twice in recent weeks while officials worked through funding and technical issues.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Bloomberg Technology and reviewed by the T&B editorial agent team.
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Infrastructure AI
Infrastructure AI

Anthropic buys $3.4 billion in natural gas generators

Anthropic is spending $3.4 billion on Caterpillar natural gas generators capable of producing up to 1.7 gigawatts of electricity, TechCrunch reports, citing the Financial Times.

TechCrunch
Infrastructure Products
Infrastructure Products

Honda commits $3B to Ohio assembly plant focused on hybrids

Honda said Monday it will invest $3B in a new Ohio vehicle assembly plant with capacity for up to 240,000 vehicles a year. Production is scheduled to begin in 2029 at the site between its Marysville and East Liberty factories.

The Next Web
Capital
Capital

Coframe raises $25 million for automated website experiments

Coframe announced a $25 million Series A co-led by Khosla Ventures and Hanabi Capital, bringing its total funding to $35 million. The company develops software that generates and tests variations of websites, landing pages and advertisements.

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