Tech
tech
Jon Keegan

Trump administration warned that it can’t win the AI race without renewables: FT

President Trump hates renewable power.

He’s been slagging wind and solar for years, and has canceled several large projects.

Trump told Fox News:

“We don’t want windmills in this country. The wind blows and then it doesn’t blow; the things cost a fortune; they are made in China; they kill the birds; they’re horrible.”

He also made his feelings clear about solar power:

“You know what people also don’t like? Those massive solar fields built over land that cover 10 miles by 10 miles. I mean they are ridiculous, the whole thing.”

But Trump has also been vocal about the urgency of getting more energy online to power AI data centers as the US seeks to dominate the industry.

“You know, we need to do the AI, all of this new technology that’s coming online,” Trump said at an April event promoting the struggling US coal industry. “We need more than double the energy, the electricity, that we currently have.”

The Financial Times reports that data center owners are warning the Trump administration that the quickest, cheapest, and easiest way to spin up huge amounts of power is to back renewables. And, if they spurn renewables, it could put America behind in the AI race.

Donald Trump’s attack on green energy could hurt US in AI race, data centres warn

Donald Trump’s attack on green energy could hurt US in AI race, data centres warn

“We don’t want windmills in this country. The wind blows and then it doesn’t blow; the things cost a fortune; they are made in China; they kill the birds; they’re horrible.”

He also made his feelings clear about solar power:

“You know what people also don’t like? Those massive solar fields built over land that cover 10 miles by 10 miles. I mean they are ridiculous, the whole thing.”

But Trump has also been vocal about the urgency of getting more energy online to power AI data centers as the US seeks to dominate the industry.

“You know, we need to do the AI, all of this new technology that’s coming online,” Trump said at an April event promoting the struggling US coal industry. “We need more than double the energy, the electricity, that we currently have.”

The Financial Times reports that data center owners are warning the Trump administration that the quickest, cheapest, and easiest way to spin up huge amounts of power is to back renewables. And, if they spurn renewables, it could put America behind in the AI race.

More Tech

See all Tech
tech
Jon Keegan

Report: Anthropic cuts off xAI’s access to its models for coding

Competition between the top AI companies is fierce. Top employees are being poached, and companies are training their AI on competitors’ models to stay ahead of the pack.

Anthropic is taking steps to make sure it’s not helping the competition in any way. According to tech reporter Kylie Robison, this week Anthropic cut access to xAI developers who were using its Claude models for coding via the popular Cursor AI coding tool.

Robison reports that xAI cofounder Tony Wu told his team in an email:
“This is a both bad and good news. We will get a hit on productivity, but it rly pushes us to develop our own coding product / models.”

Kylie Robison on X: "Scoop: xAI staff had been using Anthropic’s models internally through Cursor—until Anthropic cut off the startup’s access this week.​​​​​​​​​​​​​​​​

Kylie Robison on X: "Scoop: xAI staff had been using Anthropic’s models internally through Cursor—until Anthropic cut off the startup’s access this week.​​​​​​​​​​​​​​​​ Here’s what xAI cofounder Tony Wu sent to staff on Wednesday according to a copy of the internal Slack message I viewed: “Hi" / X

Robison reports that xAI cofounder Tony Wu told his team in an email:
“This is a both bad and good news. We will get a hit on productivity, but it rly pushes us to develop our own coding product / models.”

Rani Molla
1/9/26
Grok has been climbing Apple and Google’s app store rankings amid calls to remove it for sexualized images

Critics have pointed out that Apple and Google have removed other apps for less.

Grok X Ai - Photo Illustration
tech
Rani Molla

xAI’s revenue is growing, but so are its staggering losses

Good news: xAI’s revenue nearly doubled to $107 million in the third quarter compared to the second.

Bad news: Its net losses grew to $1.46 billion in Q3, up from $1 billion in the first quarter, and more than 13x revenue, Bloomberg reports.

The company, which is currently worth north of $230 billion, is burning through staggering amounts of cash — nearly a billion dollars a month — in service of building data centers and developing what it calls “self-sufficient” AI that can one day power robots like Tesla’s Optimus. Meanwhile, its revenue still looks more like that of a midsize startup than a tech giant.

Despite receiving more yes than no votes, Tesla’s board didn’t approve a shareholder proposal to invest in xAI, leaving a more formal relationship between the companies unresolved, even as xAI continues to burn cash at a pace that will require steady access to outside capital.

Of course, Elon Musk’s AI company is already deeply financially intertwined with his EV company. In 2024, xAI spent nearly $200 million, largely on Tesla Megapack batteries — a figure that appears to have grown significantly in 2025.

Musk’s xAI Burns Almost $8 Billion in Cash, Reveals Optimus Plan

Musk’s xAI Burns Almost $8 Billion in Cash, Reveals Optimus Plan

The company, which is currently worth north of $230 billion, is burning through staggering amounts of cash — nearly a billion dollars a month — in service of building data centers and developing what it calls “self-sufficient” AI that can one day power robots like Tesla’s Optimus. Meanwhile, its revenue still looks more like that of a midsize startup than a tech giant.

Despite receiving more yes than no votes, Tesla’s board didn’t approve a shareholder proposal to invest in xAI, leaving a more formal relationship between the companies unresolved, even as xAI continues to burn cash at a pace that will require steady access to outside capital.

Of course, Elon Musk’s AI company is already deeply financially intertwined with his EV company. In 2024, xAI spent nearly $200 million, largely on Tesla Megapack batteries — a figure that appears to have grown significantly in 2025.

Millie Giles
CHAT-PCP
1/9/26
American patients are increasingly turning to AI for medical advice — so are their doctors

As OpenAI announces the launch of ChatGPT Health, it seems everyday Americans and professional physicians alike are already using the tech to help with healthcare.

Robot hand toy finger holding medical stethoscope on yellow background, AI and smart technologies in medicine and diagnostic concept.
tech
Rani Molla

Apple’s hardware chief is the front-runner to be the next CEO

The New York Times is the latest news organization to cite Apple sources who think the company’s hardware chief, John Ternus, will be the one to fill CEO Tim Cook’s shoes. Citing people close to Apple, the publication reports that Cook is “tired and would like to reduce his workload” and that 50-year-old Ternus is the most likely to take his place, as the company accelerates its succession planning.

The Times is in good company. Both the Financial Times and Bloomberg have previously said Ternus is the top pick to succeed Cook at the helm of the tech giant, and Ternus is currently enjoying the top spot on prediction markets. His market-implied odds of being the next CEO are currently above 60% on both Polymarket and Kalshi event contracts.

Apple’s John Ternus Could Be Tim Cook’s Successor as CEO

Apple’s John Ternus Could Be Tim Cook’s Successor as CEO

The Times is in good company. Both the Financial Times and Bloomberg have previously said Ternus is the top pick to succeed Cook at the helm of the tech giant, and Ternus is currently enjoying the top spot on prediction markets. His market-implied odds of being the next CEO are currently above 60% on both Polymarket and Kalshi event contracts.

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, or Robinhood Money, LLC.
©2026 Sherwood Media, LLC