Technology

Powering Intelligence: The Hidden Electricity Bill of the AI Boom

Powering Intelligence: The Hidden Electricity Bill of the AI Boom

On July 14, PJM Interconnection’s 2028-2029 capacity auction cleared at its regulatory ceiling, signaling that AI-driven demand is outrunning grid supply. A Fortune investigation found data centers responsible for $6.3 billion in a single auction’s capacity charges, with households in PJM territory potentially facing rate increases of up to 60 percent over five years.

Blockchain: A better way to trade?

Blockchain: A better way to trade?

Dozens of companies are using or experimenting with a new technology called blockchain. Originally created to track bitcoin digital currency, blockchain is expected to improve systems for recording trades and other transactions.

Self-driving cars hit the road

Self-driving cars hit the road

Uber and Volvo begin testing in Pittsburgh while Google, Apple, General Motors, Ford, Tesla and other competitors seek to bring autonomous vehicles to market.

Wiko: The Smartphone Game Changer

Wiko: The Smartphone Game Changer

A new wave of phone manufacturers is creating an increasingly diversified phone market challenging the dominance of Samsung and Apple. One such challenger is mobile manufacturer Wiko which has taken the French market by storm.