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20.09.26 - 20:27
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Big Oil Backs Mazama′s $135 Million Bet On Superhot Geothermal (ZeroHedge)
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Big Oil Backs Mazama's $135 Million Bet On Superhot Geothermal
Mazama Energy announced $135 million in new capital with an oversubscribed Series B that included ConocoPhillips and Shell Ventures. With Devon Energy initially backing Fervo in 2023, a pattern is emerging with oil and gas veterans placing their bets in the geothermal industry.
Some of the techniques developed by the O&G industry are translating well to geothermal projects. Horizontal drilling, well completions, and underground reservoir expertise are finding new purpose in an industry that is far more politically neutral than the fossil fuel industry ever could be.
Geothermal very well could be one of the AI-powered trades that is yet to be fully discovered. The Trump administration has thrown its full support behind the technology, as it holds some of the best qualities of nuclear energy without the [unfounded] radiation concerns.
Traditional geothermal, such as the established technology used by companies like Ormat, taps nat...
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19.09.26 - 02:48
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WW3 Near-Miss? AI Hallucinated Nuclear Weapons Components Aboard Chinese Vessel Bound For Iran (ZeroHedge)
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WW3 Near-Miss? AI Hallucinated Nuclear Weapons Components Aboard Chinese Vessel Bound For Iran
Could runaway artificial intelligence (AI) spark a future WW3?
We don't need movies like Terminator 2 and its SkyNet to help us imagine this, it's 2026 and there is already a terrifying real-world precedent that could have kicked off a shooting war with nuclear-armed China.
A human analyst within the US intelligence community utilized data gathered by AI for a report that was later widely circulated across classified Pentagon channels, except that the chatbot which was relied upon in effect hallucinated nuclear weapons components being transported aboard a Chinese vessel bound for Iran.
Illustrative: US 7th Fleet file image, Recon Marines conduct exercises
Naturally this set off the highest alerts in Washington in the middle of an active hot war which President Trump launched ostensibly to prevent this very thing - Iran obtaining a nuke and atomic weapons components.
From there military planning k...
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