TNB Tech Minute: Cracks Appear in Oracle’s New Mexico Data-Center Project

0:00Russia hunted him as a spy. Wall Street Journal reporter Evan Gershkovich. Now, after 491 days in a Russian prison, he tells his harrowing story to George Stephanopoulos from the shocking arrest. They're in full masks. They're in full masks, and I'm getting dragged down onto the floor. There's a hood put over my head, and then I'm just being dragged out. To being behind bars in Russia. You had to actually write a letter to let him approve. Watch Monday morning as the exclusive breaks, only on ABC's Good Morning America. Here's your morning, TNB Tech Minute, for Friday, September 25. I'm Julie Trang for the Wall Street Journal. Oracle's New Mexico AI Data Center project is facing challenges over power supply, permitting, and local resistance. People with knowledge of the deal say Oracle signed an uncancellable lease for an AI Data Center campus in New Mexico to support OpenAI, committing to pay rent, even without power. But following community opposition, Oracle dropped plans for gas turbines and diesel generators

1:03and has struggled with state air permits. State officials also twice rejected part of a planned 17-mile natural gas pipeline, and sources say Oracle removed a key land and power partner. A spokesman for the company said project Jupiter remains on track. Novo Nordesca agreed to pay up to $1.3 billion to license and develop NNXS Drug Delivery Technology. The exclusive deal covers NNXS Pharmachial Technology, which could cut the frequency that patients need to inject obesity and diabetes drugs. The technology applies an ultra-thin coating to drug particles for controlled sustained release. Novo will lead global development and commercialization. And Climate Tech Venture Investors are shifting their focus from climate change and decarbonization to AI and powering data centers. According to Market Intelligence Company, Currents, investments into energy and data center companies by Climate Tech Venture and Growth Funds totaled $31 billion so far this year,

2:08accounting for more than two-thirds of all capital deployed by such investors. Five years ago, these sectors represented about a fifth of climate tech dollars, while criticized for high resource consumption and carbon emissions. BC's argue their involvement ensures AI expands sustainably. That's your TMB Tech Minute. Join us again this afternoon for more. This message comes from Viking, committed to exploring the world in comfort. Journey through the heart of Europe on an elegant Viking longship, with thoughtful service, destination-focused dining, and cultural enrichment on board and on shore. And every Viking voyage is all-inclusive with no children and no casinos. Discover more at Viking.com.