sustainable
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ConnectM Acquires Geo Impex for AI Data Center and Logistics Hub Development
ConnectM Technology Solutions acquired Geo Impex & Logistics, gaining control of 76 acres near key transportation hubs in Odisha, India. This strategic location, approved for industrial development, will host a multimodal logistics park and an AI-enabled Energy Intelligence Data Center (EIDC). ConnectM aims to integrate its AI energy technology, including Amperics battery technology and Keen Labs’ software, to create a sustainable platform optimizing logistics, power, and data convergence. CEO Bhaskar Panigrahi sees this as a blueprint for sustainable industrial growth.
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HIVE Digital Technologies Hits 11 EH/s Bitcoin Hashrate Milestone, Finishes 100 MW Paraguay Phase 1 Early, and Eyes 25 EH/s by Thanksgiving
HIVE Digital Technologies has surpassed 11 EH/s in Bitcoin mining hashrate, achieving 11.4 EH/s, ahead of schedule. This success, driven by the completion of Phase 1 in Paraguay, reflects the company’s commitment to sustainable expansion. HIVE aims for 25 EH/s by Thanksgiving 2025 and is expanding its Paraguay site utilizing renewable energy. The company’s investments also support local communities through job creation and infrastructure development.
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People’s Daily: No Price War “Euphoria” for New Energy Vehicles!
Chinese media and government bodies are urging a halt to the EV price wars due to sustainability concerns. They emphasize the need for innovation over price cuts, citing the rising demand for high-tech EVs. The focus shifts towards value-driven competition, encouraging manufacturers to prioritize long-term success through technological and management advancements. This shift aims to create a sustainable market and foster overseas expansion, avoiding the pitfalls of solely price-focused strategies.