Boeing signs alternative fuel deal with ocean-based hydrogen
Boeing inks a five year pact with Equatic to buy hydrogen produced by seawater cleansing facilities at Los Angeles and Singapore ports. The process captures carbon dioxide as calcium carbonate while generating hydrogen for sustainable aviation fuel. The plan aims to remove about 62,000 metric tons of CO2 for Boeing and scale with potential industry use.
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Equatic
University of California Los Angeles Engineering
Los Angeles
Singapore
Edward Sanders
International Air Transport Association
Joe Biden
Germany
Aerospace
Sheila Remes
UCLA
Why AI chips become techs hottest product in 2024
Nvidia led the surge as AI chips redefine the sector with GPUs like the H100 and cloud computing demand. Analysts note growth behind its $30,000 H100 price tag while AMD plans stronger AI chip competition. Nvidia, based in Santa Clara, remains led by CEO Jensen Huang.
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Taiwan Semiconductor Manufacturing Co
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Amazon
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Advanced Micro Devices
AMD
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California
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Wall Street trims gains on Fed rate relief hopes
U.S. stocks rose with the S&P 500 up 1 and the Nasdaq leading after data suggesting a slowing economy yet a strong job market. Dow up 153 points as investors weigh Fed rate cuts, debt deal progress, and recession fears. CFPB warns against long term storage of funds in Venmo CashApp and Apple Cash amid bank risk.
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First Republic Bank
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Apple
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Center For Security and Emerging Technology
Video Game Origins
University of Toronto
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