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AI's energy demands are driving fossil fuel investment, as energy needs for AI training and data centers are poorly matched with the patterns of solar and wind (Financial Times)

Financial Times : AI's energy demands are driving fossil fuel investment, as energy needs for AI training and data centers are poorly...

6 August 2025

Sources: AI video startup Runway is looking to raise ~$500M at a $5B+ pre-money valuation; rival Luma AI aims to raise $1.1B+ at a $3.2B+ pre-money valuation (The Information)

The Information:
Sources: AI video startup Runway is looking to raise ~$500M at a $5B+ pre-money valuation; rival Luma AI aims to raise $1.1B+ at a $3.2B+ pre-money valuation  —  Startups that use artificial intelligence to make videos for Hollywood studios and amateur filmmakers are getting thirsty for more capital.

Posted from: this blog via Microsoft Power Automate.

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