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Over the past few years, dozens of industry experts and specialists have pointed out that the ongoing Fourth Industrial Revolution is driving unprecedented growth in demand for electricity in the United States and around the world. In a report titled “The Era of Flat Electricity Demand Is Over,” electricity consultancy Grid Strategies found that U.S. grid planners, including regional transmission operators (RTOs) and utilities, have nearly doubled their five-year electricity demand growth projections. After decades of minimal or flat growth, U.S. electricity demand is expected to increase by as much as 15% over the next decade, driven by the rise…

Former Garuda Indonesia (GA, Jakarta) chief executive Soekarno-Hatta was sentenced last week to eight years in prison and fined 1 billion rupiah ($61,200) after a corruption trial in Jakarta. Emirsyah Satar, Garuda’s CEO from 2005 to 2014, received the bad news at the city’s Central District Court on June 27. He was also ordered to pay restitution of $86.4 million or serve an additional four years in prison. The Corruption Eradication Committee (KPK) has accused Satar and several other former Garuda officials of causing financial losses to the state. They said he passed on a confidential aircraft purchase plan to…

One early sign that college football season is approaching is the release of game projections. While it’s far too early to think about the postseason, it’s interesting to see where others are projecting teams. The latest set of game projections was released Sunday by 247Sports analyst Brad Crawford and he sees the Hokies heading to the Holiday Bowl in a big game against Nebraska: “Both programs on the rise under their respective coaches, Virginia Tech is one of the most veteran-rich teams in the conference ranks this fall while the Huskers hand over the keys to five-star quarterback Dylan Raiola…

RUIDOSO, N.M. (KRQE) – Flash flooding is ravaging the Ruidoso area and more rain is expected this week. A business owner who has been helping feed residents and first responders is out of commission while he cleans up the damage. “This flooding was not in a normal flood zone. It was not a place where we have ever seen flooding like this, it was crazy,” said Chris Mendoza, owner of Dr. Munchies y Mas. Flash flooding wreaked havoc in Ruidoso this weekend. “We saw a tractor-trailer pushed by the flood and a truck overturned by the flood,” Mendoza said. Mendoza…

ROANOKE, Virginia – The July 4 travel rush is beginning, and officials at Roanoke-Blacksburg Regional Airport said they are preparing for potentially record numbers.A few days ago, the TSA reported one of the busiest days on record.Get the day’s biggest stories delivered to your inbox every day at 8pm“I think we’re going to revisit that,” said Alexa Briehl, manager of public relations, marketing and media at Roanoke-Blacksburg Regional Airport. “We’ll have a full staff here. The airlines and TSA are managing their own staffing, but they’re prepared.”Passengers told 10 News on Monday they were traveling all over the country.“We’re really…

Nearly 3 million people passed through U.S. airports in a single day last week, a record number, according to the TSA.But it won’t be a record for long, with the agency expecting Independence Day to send those numbers through the roof as it will be the busiest Fourth of July travel season yet.“We expect about 71 million Americans to travel,” Skyler McKinley, AAA’s regional director of public affairs, told Scripps News, adding that the busiest days for travel will be Wednesday, July 3, and Sunday, July 7.Traffic could also reach unprecedented levels this holiday weekend, with AAA saying 85% of…

Logan Health Children’s Hospital celebrated its fifth year of providing pediatric health care throughout Montana and the Flathead Valley on Tuesday.“It’s really important to have a facility that specifically treats children to give them the highest level of care and the most modern care possible. This facility is able to serve all of Montana, so it’s a good thing that they have the pediatric physicians and health care providers that they need,” said Dena Cornell, director of inpatient women’s and children’s services.The anniversary was celebrated with the unveiling of a Hall of Heroes that represents their patients and some of…

What is happening here?Global hedge Funds were unloaded into American technology actions at the fastest pace since 2016 last month, with semiconductor and software stocks leading the selling, according to Goldman Sachs.What does that mean?Despite the S&P 500 index surging 15% in the first half of this year, largely driven by a 150% surge in Nvidia, hedge funds have begun dumping their tech stocks. Semiconductors and software topped the list of assets sold in June 2024, according to Goldman Sachs. Although hedge funds added to their stakes in tech hardware and electronics, sentiment was bearish. This was the third straight…

Meta is changing the labels it applies to social media posts suspected of being generated in some way using artificial intelligence tools. The parent company of Facebook, Instagram, Threads, and WhatsApp said its new label will display “AI information” next to a post, where it previously said “Created with AI.” These changes are partly due to Meta’s detection systems labeling images with minor edits as “made with AI,” leading some artists to criticize the approach. In one high-profile example, former White House photographer Pete Souza told TechCrunch that cropping tools appear to add information to images, and that information then…

The artificial intelligence (AI) industry is booming, and there are exciting opportunities outside of semiconductor stocks like Nvidia. Semiconductor giant Nvidia has added $2.6 trillion to its market capitalization since the start of 2023, absorbing most of the value created by the artificial intelligence (AI) industry so far. However, professional investor Cathie Wood estimates that software companies will eventually generate $8 in revenue for every $1 spent on chips from companies like Nvidia, which could create a substantial opportunity for investors. C3.ai (IA -1.21%) And Lemonade (LMND -0.24%) Both companies have been developing artificial intelligence software since before the hype…