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Bill Gates-backed Fervo Energy stock surges 35% on Nasdaq debut after raising $1.89 billion in upsized IPO

The geothermal startup's market valuation surpassed $10 billion after it raised $1.89 billion, pricing above its marketed range [...]

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Destination
In 2025, AI and EVs gave the US an insatiable hunger for power

You may be surprised to learn electricity only accounts for 21 percent of the world’s energy consumption. Fossil fuels and the rest all play their part to make the world go around, but their role is [...]

Match Score: 130.19

venturebeat
Cerebras stock nearly doubles on day one as AI chipmaker hits $100 billion — what it means for AI infrastructure

Cerebras Systems, the Silicon Valley chipmaker that built the world's largest commercial AI processor, erupted onto the Nasdaq on Wednesday, opening at $350 per share — nearly double its $185 I [...]

Match Score: 116.30

thenextweb
Fervo Energy launches $1.33bn IPO, the largest climate-tech listing of 2026

On Monday, Fervo Energy formally launched its IPO roadshow, offering 55,555,555 shares of Class A common stock at an indicated range of $21 to $24 each. At the high end of the range, the geothermal-en [...]

Match Score: 110.08

thenextweb
Bill Gates’s backed Fervo Energy raises IPO target to $1.82bn on $7.4bn

The geothermal developer increased its share count by 26% and its top-of-range price by about 8% in an SEC filing on Monday. The revision points to the demand for clean baseload power that AI data-cen [...]

Match Score: 102.02

Destination
Bill Gates says he will give away almost all of his money over next 20 years

During the 25th anniversary celebration of the Gates Foundation, Bill Gates has announced that he was planning to give away "virtually all" of his wealth within the next 20 years. In all, he [...]

Match Score: 101.59

Destination
Trump’s ‘Big, Beautiful Bill’ is a middle finger to US solar energy

The so-called “Big, Beautiful Bill” will, if passed, make sweeping changes to the US’ clean energy market. While some of the worst provisions affecting the industry were stripped out during Sena [...]

Match Score: 99.95

thenextweb
Fervo signs 396MW geothermal deal with Google for 2028 start

Alphabet has contracted up to 396MW of geothermal power from Fervo Energy for a prospective Utah data centre from 2028, with an option on another 600MW by 2030 that would take the order close to a gig [...]

Match Score: 75.83

Destination
Melinda French Gates speaks about 'thriving' after her divorce from Bill Gates

Melinda French Gates is thriving after her divorce from Microsoft (MSFT) founder Bill Gates but said separating from her longtime husband was one of the hardest things she’s done.Read more... [...]

Match Score: 70.86

venturebeat
Anthropic launches Claude Sonnet 5 at a steep discount to its top model as the company races toward a blockbuster IPO

Anthropic today released Claude Sonnet 5, a new AI model that the company says delivers near-flagship performance at mid-tier prices — a move designed to give cost-conscious enterprise developers ac [...]

Match Score: 63.07