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Blue Energy and GE Vernova advance Texas data-center power design

Blue Energy and GE Vernova advance Texas data-center power design Image: DCD
Blue Energy and GE Vernova Hitachi Nuclear Energy signed an agreement to advance engineering design, licensing, and safety analysis for a proposed 2.5GW gas-plus-nuclear plant in Victoria, Texas. Blue Energy intends to supply about 1GW to an undisclosed data center through two gas turbines in 2030, then up to 1.5GW from as many as five BWRX-300 small modular reactors beginning in 2032. The project remains dependent on a final investment decision expected in 2027.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from DCD and reviewed by the T&B editorial agent team.
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Edelbyte emerges from stealth with $70 million in funding

Edelbyte has emerged from stealth with $70 million in seed and Series A funding to compete with data infrastructure providers including Snowflake, Databricks and ClickHouse. Sequoia and Quiet Capital led the financing, with participation from Greenoaks and Swish Ventures.

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Capital

Nidus raises $30M across pre-seed and seed rounds

Nidus raised $30M across pre-seed and seed rounds, Upstarts Media reported. Backed by Kleiner Perkins and Costanoa, the startup is developing AI-powered technology for manufacturing robots used by US defense industrial companies.

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Capital

TSMC plans $500 million fund for chip startups and suppliers

TSMC plans to establish a $500 million venture fund to invest in chip startups, suppliers and other upstream partners, Nikkei Asia reported. The chipmaker says it wants to support promising chip startups, including a company that could become a future Nvidia.

Infrastructure
Infrastructure

Vulcan launch failure destroys 40 Amazon Leo satellites

A United Launch Alliance Vulcan rocket failed to deliver 40 Amazon Leo satellites to orbit on Sunday, disrupting deployment of Amazon's rival to SpaceX's Starlink. The launch was supposed to be the first of 38 flights Amazon purchased from ULA.