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General Motors (GM) has acquired “substantially all the assets” of ALGOLiON Ltd, an Israel-based battery software startup, the company announced on Friday. The company’s technology helps detect irregularities in cell performance that will be used to maintain battery health in GM’s EVs.

GM aims to maintain EV battery health through software

Founded in 2014 by veteran battery experts Niles Fleischer, Ph.D., and Alex Nimberger, Ph.D., ALGOLiON has developed an early-warning battery hazard detection and prevention software called AlgoShield.

The software uses patented quantitative algorithms to identify minuscule changes in EV battery health weeks earlier than other methods without the additional hardware and sensors, as the company claims.

GM says the new tech will help bring an early EV battery hazard detection system for millions of GM customers worldwide.

The deal, worth an undisclosed amount, was led by GM’s newly formed Technology Acceleration and Commercialization (TAC) organization. The group looks for emerging tech that can support GM’s battery development.

Fleischer commented on GM’s acquisition of the company, saying:

The ALGOLiON team is excited to join GM on its track to an all-electric vehicle future. We found the right home for our technology to play an integral role in maintaining healthy batteries for exciting products and reach customers globally.

The news comes after a wave of announcements has surfaced over the past several weeks as automakers scramble to increase EV battery development and production, including GM, Stellantis Toyota, and more.

GM-EV-battery-health
Cadillac Lyriq EV (Source: GM)

ALGOLiON employees will remain based in Israel while joining over 850 employees at the GM Technical Training Center in Herzliya, Israel. The team specializes in machine learning, software-defined vehicles, cybersecurity, and user-facing solutions for autonomous and electric vehicles.

GM revealed plans for its fourth EV battery plant earlier this month, a $3 billion facility in collaboration with Samsung SDI.

When all four plants are up and running at full speed, GM expects to have over 130 GWh of battery cell capacity. The battery cells will be used to power the automaker’s lineup of EVs based on its Ultium platform.

By the end of the year, GM is launching three new Ultium electric models, including the Silverado EV, Blazer EV, and Equinox EV.

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Exxon Mobil reaches agreement with FTC, poised to close $60 billion Pioneer deal

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Exxon Mobil reaches agreement with FTC, poised to close  billion Pioneer deal

A view of the Exxon Mobil refinery in Baytown, Texas.

Jessica Rinaldi | Reuters

The Federal Trade Commission will wave through Exxon Mobil‘s roughly $60 billion acquisition of Pioneer Natural Resources after reaching an agreement with the energy giant, a source familiar with the matter told CNBC.

The FTC will not block the deal now that the regulator and Exxon have reached a consent agreement, the source said. The agreement will bar Pioneer’s former CEO Scott Sheffield from joining the Exxon board.

The push to remove Sheffield was due to concerns about his prior discussions with OPEC, according to the source.

Exxon and the FTC both declined to comment. The agreement was first reported by Bloomberg News.

Exxon first announced the deal for Pioneer in October, in an all-stock transaction valued at $59.5 billion. Exxon said the acquisition would more than double its production in the Permian Basin.

“Pioneer is a clear leader in the Permian with a unique asset base and people with deep industry knowledge. The combined capabilities of our two companies will provide long-term value creation well in excess of what either company is capable of doing on a standalone basis,” Exxon chairman and CEO Darren Woods said in a press release at the time.

Shares of Exxon and Pioneer were both little changed in extended trading Wednesday.

— CNBC’s Pippa Stevens and Mary Catherine Wellons contributed reporting.

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The US just proposed 18 GW of new offshore wind sales

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The US just proposed 18 GW of new offshore wind sales

The US announced two proposals for offshore wind sales that could generate more than 18 gigawatts (GW) of clean energy – enough to power more than 6 million homes.

New US offshore wind auction areas

The offshore wind auction areas announced by the US Department of the Interior and the Bureau of Ocean Energy Management (BOEM) are off the Oregon coast and in the Gulf of Maine. It’s the first in a five-year lease schedule that could see up to 12 separate offshore wind auctions.

The US has already held four offshore wind lease auctions in the New York–New Jersey region, off the Carolinas, and off the Pacific and Gulf of Mexico coasts.

Gulf of Maine

The first-ever offshore wind energy auction in the Gulf of Maine would include eight lease areas off the Maine, Massachusetts, and New Hampshire coasts. The nearly 1 million acres have the potential to generate approximately 15 GW of renewable energy and power more than 5 million homes.

This auction is exciting because BOEM wants to conduct simultaneous auctions for each of the eight lease areas using multiple-factor bidding.

In July 2023, Governor Janet Mills (D-ME) signed legislation to procure up to 3 GW of offshore wind energy in the Gulf of Maine by 2040. Offshore wind is banned in Maine state waters to protect the commercial lobster harvesting industry.

Oregon

The proposed lease sale in Oregon includes two lease areas totaling 194,995 acres – one in the Coos Bay Wind Energy Area and the other in the Brookings Wind Energy Area – which have the potential to power more than 1 million homes with renewable energy. The areas were finalized by BOEM in February.

The Coos Bay WEA is 61,204 acres and located approximately 32 miles from shore. The Brookings WEA is 133,808 acres and approximately 18 miles off the coast.

The state of Oregon has set a goal of achieving 3 GW of offshore wind by 2030.

Due to deep waters, any offshore wind farms in the Gulf of Maine and offshore Oregon will consist of floating wind turbines. 

Read more: California exceeds 100% of energy demand with renewables over a record 30 days


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Tesla’s next-gen Dojo AI training tile is in production

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Tesla's next-gen Dojo AI training tile is in production

Tesla’s next-gen Dojo AI training tile is in production, according to supplier Taiwan Semiconductor Manufacturing Company Limited (TSMC).

Tesla has been heavily investing in AI training compute power both through buying NVIDIA hardware and building its own under its Dojo program.

The first generation of its Dojo super computing platform went into operation last summer.

Shortly after, it was reported that Tesla had expanded its partnership with TSMC, a large semiconductor company that manufactures the Dojo chip for the automaker.

Now, TSMC has confirmed that Tesla’s next-generation Dojo chip has entered production and they are working on tech that could deliver much greater power to Dojo in 2027 (via IEEE Spectrum):

At TSMC’s North American Technology Symposium on Wednesday, the company detailed both its semiconductor technology and chip-packaging technology road maps. While the former is key to keeping the traditional part of Moore’s Law going, the latter could accelerate a trend toward processors made from more and more silicon, leading quickly to systems the size of a full silicon wafer. Such a system, Tesla’s next generation Dojo training tile is already in production, TSMC says. And in 2027 the foundry plans to offer technology for more complex wafer-scale systems than Tesla’s that could deliver 40 times as much computing power as today’s systems.

This new tile is likely going to be used for Tesla’s new planned $500 million Dojo cluster in New York.

Sperately, Tesla is building a new 100 MW data center to train its self-driving AI at Gigafactory Texas, but we were told that this system is going to use NVIDIA hardware.

Tesla’s Dojo program hasn’t been all smooth sailing. In December, we reported that two of the top executive engineers behind the program left the company.

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