Author: omc_admin

Anthropic CPO Mike Krieger, who also cofounded Instagram, says the job market is going to be tough for new grads.Krieger told The New York Times’ “Hard Fork” podcast on Friday that Anthropic is focused instead on hiring experienced engineers. He said he still has “some hesitancy” with entry-level workers.To some extent, that’s a reflection of Anthropic’s internal structure, which doesn’t yet support a “really good internship program,” Krieger said. Internships have long been the golden ticket to lucrative entry-level tech jobs.But it also shows how AI is upending the labor market, even at AI companies. As AI continues to evolve,…

WASHINGTON— The U.S. Department of Energy (DOE) today issued an emergency order under section 202(c) of the Federal Power Act. The order directs PJM Interconnection (PJM) to operate specified generation units at the Eddystone, Pennsylvania Generation Station past their planned retirement. This order follows recent statements from PJM warning that its system faces a “growing resource adequacy concern” due to load growth, the retirement of dispatchable resources, and other factors.“Maintaining access to affordable, reliable, and secure power is always our top priority, particularly during the summer months when electricity demand reaches its peak,” said U.S. Secretary of Energy Chris Wright.…

The Santa Rita combined cycle gas plant in Batangas (south of Manila) is one of the First Gen assets … More Prime Infra is investing into.Courtesy of First Gen Prime Infrastructure—controlled by casino-to-ports billionaire Enrique Razon Jr.—has agreed to buy 60% of the gas assets of the Lopez family-backed First Gen for 50 billion pesos ($896 million).Under a term sheet entered into by both parties and subject to a definitive agreement, Prime Infra will buy the controlling stake in four existing gas-fired power plants and a planned fifth facility with a combined capacity 3,247 megawatts, along with an offshore liquefied…

Centrica Plc is opening a trading office in New York that will underpin its growth in natural gas. Subsidiary Centrica Energy will establish its first US commodity-trading office aimed at building a physical gas business, Chief Executive Officer Chris O’Shea said in an interview. The sector is betting hundreds of billions of dollars that the fuel has a place in the world’s energy mix through at least 2050. “Trading physical gas is good business, it gives us the option to do a lot more,” O’Shea, 51, said. “In order to do that, we will need boots on the ground.” The British company…

LAS VEGAS — The bitcoin treasury play that lifted Strategy’s market cap past $80 billion is now being mimicked by meme stock companies, media firms, and multinational conglomerates. But Wall Street isn’t buying all the hype.This week, Trump Media announced plans to raise $2.5 billion to buy bitcoin, and GameStop revealed a $500 million allocation. Meanwhile, Tether, SoftBank, and Strike’s Jack Mallers unveiled Twenty One, a bitcoin-native public company expected to launch with more than 42,000 bitcoin on its balance sheet, enough to make it the third-largest corporate holder of the asset globally.For now, the market doesn’t see the next…

2025-05-31T10:02:01Z Share Facebook Email X LinkedIn Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. The Hyundai Motor Group Metaplant America is an all-new $7.6 billion EV factory. HMGMA, located near Savannah, Georgia, opened its doors in March of this year. The factory will be able to build 500,000 EVs and Hybrids for Hyundai, Kia, and Genesis every year. The $7.6 billion Hyundai Motor Group Metaplant America,…

GUWAHATI, India (AP) — Landslides and flash flooding triggered by days of torrential monsoon rains in India’s northeast have killed at least 22 people, officials said Saturday.Five people, including three from a single family, were killed on Saturday when their homes were buried in a mudslide in Assam state’s Guwahati city, an official flood bulletin said. In neighbouring Arunachal Pradesh state, which borders China, seven people were killed on Friday when their vehicle was swept away by floodwaters. Two others drowned in a separate incident in the state.Eight people were killed in the states of Mizoram, Tripura and Meghalaya in…

The Department of Defense is scouting the next Palantir — and it’s starting on college campuses.This week, the Defense Innovation Unit — the Pentagon’s emerging tech arm — launched a university accelerator, open for applications through late June. The 12-week program will be a military-grade Y Combinator of sorts, offering early-stage startups funding, mentorship, and DoD connections. Fifteen teams spun out of US universities — working in AI, cyber, space, and more — will evenly split $500,000.The initiative builds on the National Security Innovation Network’s earlier Emerge program, which also targeted college founders, according to DIU project manager Josh Carter.…

Just two of 30 European countries have set a date to stop their militaries from emitting planet-heating emissions, a Guardian analysis has found, raising concerns about the carbon cost of Europe’s coming rearmament wave.Austria and Slovenia are the only countries whose defence ministries have committed to reaching net zero military emissions, according to an analysis of 30 European countries, with only about one-third having worked out the size of their carbon footprint.The findings confirm a “longstanding blind spot” in assessments of global emissions, said Florian Krampe, who leads climate research at the Stockholm International Peace Research Institute (Sipri).“Ignoring military emissions…

Dimapur, Mokokchung, Wokha, Chumoukedima and Kohima, India — With its high ceilings, soft lighting and brown and turquoise blue cushioned chairs, Juro Coffee House has the appearance of a chic European cafe. Sitting right off India’s National Highway-2, which connects the northeastern states of Assam, Nagaland and Manipur, the cafe hosts a live roastery unit that was set up in January by the Nagaland state government.  Here, green coffee beans from 12 districts in Nagaland are roasted live, ground and served, from farm to cup. On a typical day, the cafe gets about a hundred customers, sipping on coffee, with…