FT: “Breakthroughs in battery design have played a major role in improving efficiency, says Iola Hughes, head of research at commodities data group Benchmark Mineral Intelligence. “Combined with lower raw material prices, these advances have materially improved project economics,” she says, adding that the global average price of battery storage systems have more than halved over the past two years. Lithium-ion battery costs have also fallen — by 90 per cent since 2010 — a drop that Artem Abramov, deputy head of research at energy consultancy Rystad, says is likely to continue. Packed full of hundreds of powerful batteries, a standard 20-foot storage unit once provided 3-4 megawatt hours (MWh). Now they typically deliver 5-6MWh, with several suppliers developing 10MWh containers — enough to power around 30,000 UK homes for an hour.”
Fortune: “The early days of the internet saw intense competition between graphical web browsers: Netscape Navigator faced off against Microsoft’s Internet Explorer. No sooner had Explorer won that conflict than a new war for marketshare erupted between Explorer, Mozilla’s Firefox, and Google Chrome. This time Chrome emerged as the dominant player, with a marketshare that has been above 60% for most of the past decade, while the next closest rival, Apple’s Safari, has been stuck in the mid-teens. But now, AI is shaking up the browser market, with companies beginning to incorporate new generative and agentic AI capabilities directly into the web navigation tool. That in turn is sparking a fierce new war for users, with Google Chrome, now enhanced with Google’s AI model Gemini, fighting upstarts like Perplexity, with its Comet AI browser, and battered veterans of past browser fights, like Opera, trying to get their mojo back with AI enhancements too.”
Derek Thompson: “When literally everything becomes television, what disappears is not something so broad as intelligence…but something harder to put into words, and even harder to prove the value of. It’s something like inwardness. The capacity for solitude, for sustained attention, for meaning that penetrates inward rather than swipes away at the tip of a finger: These virtues feel out of step with a world where every medium is the same medium and everything in life converges to the value system of the same thing, which is television.”
Phillip Seymour Hoffman: “Even if you are auditioning for something you know you don’t like or are never going to get, whenever you get a chance to act in a room that someone else has paid for, it is a free chance to practice your craft. And in that moment, you should act as well as you can because if you leave that room and you have done this, there is no way the people who watched you will forget it. That is the only advice I have because it is always about that — if you are given the chance to act, take those words and bring them alive; and if you do that, something will ultimately transpire.” [via CollabFund]
