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A Start-Up Aiming to Make Geothermal Energy Mainstream Goes Public
Fervo Energy, which uses drilling techniques from the oil and gas industry to produce power from the earth’s heat, raised $1.9 billion in an initial public offering.A Fervo Energy project near Milford, Utah. The company is trying to adapt drilling techniques from the oil and gas industry to unlock vast amounts of energy from Earth’s interior.

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Perfect Timing, Big Payouts: Insider Trading Red Flags Emerge on Polymarket
Dozens of long-shot bets on Polymarket, from the war with Iran to the cryptocurrency market, have defied the odds, according to a New York Times examination.

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Fuel Prices Drive Sales of E.V.s, Just Not in the U.S.
Electric vehicle sales have soared in Europe and much of the rest of the world, but Americans are still hesitant.High fuel prices are weighing on sales of vehicles that run on gasoline or diesel.

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Silicon Valley’s A.I. Lobbying Blitz Reaches a Fever Pitch
OpenAI and Anthropic are opening offices in Washington, hiring lobbyists and spending more than ever to win over federal lawmakers.OpenAI’s chief executive, Sam Altman, during a Washington conference on the nation’s infrastructure in March.

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Notable Researchers Join $4 Billion Effort to Build Self-Improving A.I.
Recursive Superintelligence, founded by former Google, Meta and OpenAI researchers, is part of a growing effort to automate the creation of artificial intelligence.Five of Recursive Superintelligence’s eight founders, from left, Tim Shi, Yuandong Tian, Richard Socher, Caiming Xiong and Josh Tobin at the company’s office in San Francisco.

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