The Boring Company has closed a $3 billion Series D funding round led by the United Arab Emirates, valuing Elon Musk’s tunneling venture at $23 billion.
That’s roughly four times its 2022 valuation of about $5.7 billion. And most of the case for it …
BYD Energy Storage has landed a contract to supply 11.275 GWh of battery storage for Masdar’s Round the Clock (RTC) project in Abu Dhabi — one of the single largest energy storage procurements ever signed.
The RTC project pairs a 5.2 GW solar array wit…
The U.S. Treasury announced it was imposing sanctions against a Russian broker of zero-day exploits, its founder and two affiliates, citing a threat to U.S. national security. Another affiliated zero-day broker in the United Arab Emirates was also sanc…