Thu, Jul 16

NEWS: Elon Musk secretly bought a $1B gas turbine company to fuel his chatbot.

  • Shh: Musk never announced the recent deal to purchase Florida-based APR Energy, which deploys gas turbines and diesel engines mounted onto trailers. Convenient: These avoid the years-long permitting process for stationary power plants, and can be up-and-running in days to power the data centers behind xAI’s Grok.

  • While we’re cooking with gas: Constellation’s venture arm is investing in the startup Blue Energy, which develops power plants that initially run on gas (and then convert to SMRs).Â