News



Microsoft is Investing $1 Billion in Open AI to Create Brain-Like Machines

This entry was posted in : Innovation

Microsoft says OpenAI will help it jointly develop and train new AI technologies for its Azure cloud computing service. It will also work with it to develop new supercomputing hardware to try to achie...

World : Spring-Loaded Drone Collapses Mid-Flight to Zip Through Windows

This entry was posted in : Innovation

At ICRA in Montreal, researchers from UC Berkeley demonstrated a new design for a foldable drone, able to shrink itself by 50 percent in less than half a second thanks to spring-loaded arms controlled...

On-bill financing program unlocks energy upgrades for the masses

This entry was posted in : Energy

In Hawaii, the Green Money $aver (GEM$) on-bill financing program creatively solves the split incentive problem by linking the repayment obligation for energy efficiency upgrades to the util...

Fund of 100 million euro to support clean energy investments

This entry was posted in : clean energy solutions

In the Fourth Mission Innovation Ministerial meeting, a new 100 million euro investment fund namely Breakthrough Energy Ventures Europe (BEV-E), was established by the European Commission, the Eu...

World Bank to support Nigeria’s rural electrification

This entry was posted in : electrification

World Bank has allocated Nigeria a loan of 350 million USD for the development of its rural electrification projects. The funding will be used to electrify 2.5 million people and 70,000 small business...