Europe invested 15,000 million euros in Northvolt to compete with Chinese batteries. Now it is from the US for a very small part

Lyten has bought Northvolt. If you have no idea who Lyten is or what Northvolt is, don’t worry, you are not the only one. The basic thing you have to know is that Northvolt was European and had managed to attract 15,000 million euros with a very potential investment of European manufacturers and institutions. But he broke and is now in the hands of Lyten (American). Step by step, we will understand how the greatest hope for the production of electric car batteries in Europe has collapsed and has ended up in the hands of a United States company for a ridiculous price. Lyten Buy Northvolt. For a figure that is not public but that points to just over 600 million euros. Although the terms of the final agreement have not been made public, it is known that Lytena Silicon Valley startup specialized in the supply of lithium-sugar batteries has achieved financing of 650 million dollars until the time of purchase, As reflected on their own website. The final price has not been revealed but in media such as Reuters It is ensured that the company had achieved another 200 million dollars for this purchase. At the moment, it is known that Americans have bought Northvolt “at a small price,” as explained in the news agency. What is Northvolt? This Swedish company was simply the great European hope in the production of batteries for electric cars. In The New York Times They explain that the facilities of this company in Sweden and Germany are among the most advanced in Europe, so they describe the purchase of Lyten as “bold”. His goals were ambitious. They assured that with NorthvoltEurope would go from producing 3% of the total volume of batteries around the world to 25%. To achieve this, the company had 6,500 employees distributed by Sweden and Germany, with facilities that had to reach a production of 60 GWh in Germany. Sustained by a huge investment in R&D. What happened? That broke at the end of last year. The company had announced that I couldn’t cope with their debts (5,800 million euros) and that had to dismiss 1,600 employees. A few months before, BMW canceled an order of 2,000 million dollars In batteries after Northvolt confirmed that he could not give them in time. As domino pieces, everything ended up falling. And, consequently, with the banking company, its facilities, workers and resources were a bargain for anyone. For anyone who dares to face years of losses in the hope of earning money. Lyten has been the company that has taken the front. Lyten. The American company specialized in the production of sulfur-lithium batteries (which is contributing to the US armed forces) has been the one that has confirmed the purchase of Northvoltincluding all its assets (also the projects they had in Canada) but, of course, assuming its debt of almost 6,000 million euros. The company, of which Jeep (Stellantis) owns 2%, believes that with the purchase some of the customers who left the company can return before their fall. The objective is to focus more on the production of batteries for electric cars and return the illusion for a competitive European production against China. However, in Reutersexperts remember that China has cost between 15 and 20 years dominate the supply chain and battery production so it is not realistic to think of short -term benefits. “If you think you can shorten it (this time), then you simply do not understand batteries,” says Rob Anstey, CEO of the Silicon Battery Batteries developer GDI. Lost investments. The most dramatic thing about Northvolt’s bankruptcy is that billions of euros of European companies may have been lost. But, above all, of European public institutions. Volkswagen was the main shareholder of the company (21%) and it is estimated that injected at least 1.4 billion euros. They were not the only ones. It is known that Volvo lifted a Joint Venture with Northvolt by Value of 2.7 billion euros. BMW also invested about 1,000 million euros and had committed another 2,000 million of euros for the purchase of batteries. Scania was also part of the investments. They joined them Financial groups such as Goldman Sachs and various venture capital funds. But we must not forget that in Northvolt he also put public money at stake. The European Investment Bank made available to Northvolt More than 1 billion eurosof which 280 million euros had been contributed and whose last departure (943 million euros) had not been disbursed entirely. To this we must add 700 million euros in direct subsidies committed by Germany and that they have not been delivered but of which Lyten can benefit if, finally, the project of its plant in Heide (Germany) is finished. And also the Quebec government contributed 160 million euros, with the promise of supporting with almost 500 million euros. Photo | Northvolt In Xataka | A new battery made in Europe aspires to solve the cheap electric car puzzle. The key: sodium

Openai has invested billions in chips. His only problem is that he has forgotten something important: cables

While Openai designs increasingly complex models and promises cities size data centers, a much more terrestrial reality threatens to stop the advance: the electrical infrastructure is not ready for what is coming. At the beginning of the year. Sam Altman (OpenAI CEO) promised, together with Oracle and SoftBank, an investment of 500,000 million dollars in AI infrastructure Under the name Stargate. The announcement, Made at the White House with President Trumphe talked about building 10 gigawatts of data centers on American soil by 2029. However, the start has been slower than expected. According to The Wall Street Journalnot a single formal contract with SoftBank has not been signed, and the first center, in Ohio, is still in the evaluation phase. Meanwhile, Openai has advanced on his own, expanding his alliance with Oracle to develop 4.5 more gigawatts, adding more than 5 GW under construction, As the company itself has reported. A big problem behind. This does not only affect Openai, rather the entire AI sector since no investment or quantity of GPUS can solve the true bottleneck of the sector alone: the electricity grid. As Le Monde explainedtraining models such as GPT-4 consumes dozens of gigawatts -hora, but the real challenge is in the “inference”, that is, in daily use. Each consultation to a model like Chatgpt implies complex calculations that consume energy every second. From the International Energy Agency (IEA), It was warned That the global electricity consumption of data centers could double before 2030, exceeding 945 TWH, more than all Japan today. And there the paradox appears: we can generate more energy, but we have no how to move it. In other words, high voltage lines, transformers, substations, adequate land, permits, technicians are missing. It’s like wanting to fill a city with bottled water, but without having pipes. The project continues. In a last statementOpenai has affirmed that its expansion with Oracle is already creating tens of thousands of jobs in Texas and that the objective of the 10 gigawatts is on its way to being surpassed thanks to new alliances. The Stargate I site, in Abilene, has already begun to operate with NVIDIA GB200 chips. However, As the Wall Street Journal has detailed, Disagreements with SoftBank persist on where to build, how to finance and how to connect data centers to electrical networks that are already saturated. Sam Altman recognized the challenge in an internal memorandum cited by axios: “The thirst for computer science is beginning to tension the supply chain and demands some real creativity.” Other paths: atomic energy. Faced with these limitations, technological giants are looking for solutions outside the traditional electrical system. The answer, for many, is in a surprising return: nuclear energy. Goal has signed a 20 -year contract with Constellation Energy to supply part of its data centers from a nuclear plant in Illinois. Google and Amazon They have also opted for small modular reactors (SMR). Microsoft, meanwhile, will reopen a closed nuclear power plant since 2019exclusively to support your AI infrastructure. Nvidia has not been left behind. In 2024, it invested 650 million dollars in Terrapower, the company founded by Bill Gates that is building the first Natriat reactor, a fourth generation machine that, According to their developersIt will generate electricity by half of the cost of a conventional reactor. The project, which takes place in Wyoming, has a Spanish participation: the public company sees the reactor cover. Without cables, there is no ia. Meanwhile, the number of users continues to grow. Chatgpt reached 800 million active users in April, According to Altman cited in axios. Each of them generates requests, questions, images, instructions, and all that consumes energy. According to Le Mondetasks as simple as writing an email can be more than 7% of a complete mobile phone charge. And generating an image consumes even more. Elon Musk says his company XAI already operates with 230,000 GPUS, and expects 550,000 more. The AI does not rest, but the cables that feed do not supply. Artificial intelligence promises to change the world, but before it will have to face something more basic than any algorithm: the physical laws of electrical systems. There is no needless. There are no servers without energy. And there is no energy without cables. Image | Pexels Xataka | The AI is opening the doors of a radical revolution on the Internet: that we can all create apps without knowing

800 million invested so far from 2025

Amancio Ortega is the First fortune from Spain and Puja for being from Top 10. Only with Inditex, his Golden Eggs, Receive 98 euros per secondand that money he earns with the company of his eyes, reinvested him in Pontegadea. It is about Amancio investor armand in recent years he has dedicated himself to buying expensive buildings all over the world with a single objective: to become one of the largest homemade on the planet. And in what we have been in 2025, 800 million euros has already been scratched. Hotelito in Paris. Pontegadea is leaving a lot of money in buying buildings. The idea is that Amancio is homemade from his own stores, but there is a lot behind. An example is the 87,000 m² primark distribution centerowned by Pontegadea. Primark is the main rival of Inditex in Europe and its flagship store in Gran Vía in Madrid, with its 12,500 meters, also It belongs To the company of Amancio. One of the latest acquisitions of this real estate arm is a hotel in Paris that belonged to the Spanish chain Derby Hotels. As we read in Europa Pressthe hotel is located in a historic building in the center of the French capital and Derby took him in 2007 for 75 million. Now, Pontegadea has disbursed about 97 million through the building. And Sabadell in Florida. That amount remains in nothing if we compare it with an office tower in Florida that, as we read in ELECONOMISTthe Amancio company would also have acquired these last days. It is about Sabadell Financial Centera 30 -story building in which they are, among other offices, those of Banco Sabadell in Miami, for a whopping 275 million dollars. As the economic environment points out, the agreement must be closed, but if it became, it would become the largest sale of offices so far this year in the southern zone of Florida. Sabadell Financial Center in Miami 2025 of tremendous expense. These two acquisitions (again, in the absence of closing the agreement with KKR by Sabadell Financial Center) are an example that Pontegadea does not raise the foot of the accelerator. It is one of the most active real estate companies in Europe, with total assets valued at 110,000 million euros and the firm intention of not ceasing to grow. You have to add your New “Headquarters” in Luxembourgother skyscrapers of 46 plants and 259 floors in Florida for about 165 million dollars, Offices in Dublin For 70 million dollars and another huge investment in Spain: 250 million euros for the 28,000 square meters of the Planeta Group headquarters in Barcelona. Grupo Planeta headquarters Everything remains at home. As we said some lines, the goal of Pontegadea – and from Amancio – is to become one of the world’s largest. Unless you have plans to take your own offices to those buildings, you acquire them to realize them, as we have seen in the case of Primark. And they are rented to the competition, to Amazon and other technological ones, to tenants in the luxury floors of Florida’s skyscrapers or their own companies. The reason? Much of the Inditext stores around the world are on properties that are from Pontegadea. Everything remains at home and is a way of protecting against market fluctuations. If your clothing store is in your own building, They do not affect you uploads of rentFor example. It is another way of diversifying the business, a key strategy among billionaires and that in Inditex itself we have seen with brands such as Oysho consolidating as a brand of sportswear (in principle they focused on underwear and being at home) or with their Zachaffé coffee shop chain. Images | 1111brickellGtres In Xataka | Millionaires found in the luxury watches a refuge value. Now the bubble has exploded

They show how the magnetic field is invested

NASA has gotten into the wolf’s mouth, the place where solar storms originate. The solar probe team Parker has just published The images closest to the sun They have ever taken. It is the first time that humanity sees with this level of detail the ejections of coronal mass and the field where its magnetic polarity changes from north to south. The Sun in the first -term term. When he took the images at the end of 2024, NASA’s Parker solar probe It was just 6.1 million kilometers of the visible surface of the sun: the photograph. That day, the probe not only became the fastest artificial object in history, with a speed of 692,000 km/h. He also used his WISPR camera to capture in detail the crown of the sun and the birth of the solar wind, the constant flow of loaded particles that bathes the entire solar system. The cradle of the space climate. The most revolutionary of these images is that they allow to visualize the weltic current sheet, a gigantic and undulating “sewing” of the solar system that extends from the sun, marking the limit where the polarity of the magnetic field is invested. Seeing it so closely is an invaluable document to understand how the solar wind spreads. In addition, the probe has managed to observe the collision and fusion of multiple coronal mass ejections in high resolution. “We are seeing the CMEs stacking on each other,” explains Angelos Vourlidas, scientist of the Wispr instrument. Understanding how they merge is key, since these mergers can Create geomagnetic storms Much more powerful and dangerous. The mystery of switchbacks. The Parker mission is not just beating proximity and speed records. Its main objective is to solve enigmas that solar physicists have been trying to decipher. One of the biggest discoveries of the probe has been the abundance of the so -called ‘switchbacks’ or Magnetic investmentsfolds in the magnetic field that invest their direction at brief intervals, as if Zigzag. Thanks to the approaches to the Parker solar probe, we now know that these structures originate on the visible surface of the sun and are one of the fast solar wind engines. Also that there are two types of slow solar wind. One seems to be born from large magnetic loops, while the other would come from coronal holes. Touch the sun without melting. Approaching the sun so much poses an obvious question: how is it possible that the probe does not melt? The key is in the difference between temperature and heat. The solar crown has a temperature of millions of degrees, but it is a vacuum with a very low density. There are few particles, so, although they move very fast (high temperature), they do not transfer much energy (low heat). How to put your hand in a hot oven. Even so, the ship needs protection. There your thermal shield of 2.4 meters in diameter comes into play carbon compound. The shield is capable of supporting temperatures of up to 1,400 ° C on its outer face, while the body of the ship remains comfortable 30 ° C. Other exposed instruments are made of exotic materials such as molybdenum and tungsten, metal with the highest known fusion point: 3,422 ° C. Image | POT In Xataka | What are solar storms and why society has become so vulnerable to something that has happened millions of years

The Pentagon gets fully into the Rare Earth War with China. Has invested 400 million in the most promising US mine

The US Department of Defense is about to establish itself as the largest shareholder of MP Materials. A few hours ago has announced who will buy shares of this mining company for A value of 400 million dollars. And, in addition, it will provide additional 150 million to help this company Extract and process rare earths which contains its Mountain Pass site, which is in California, although it resides very close to the border with the Nevada state. This mine is the only US site that contains some of the rare earths that are necessary to manufacture high -power industrial magnets, so it has become a very valuable strategic resource for the country led by Donald Trump. The US plan pursues Develop your own supply chain of rare earths with the purpose of eliminating any dependence on the global market of these chemical elements, which is controlled by China. The entry of the Department of Defense in the MP Materials shareholders reflects with absolute how important this mine for the US is from the point of view of national security. What is not yet clear is if it contains the rare earth range and in the right amount to meet the needs of US companies. In any case, with its investment the Pentagon intends to ensure the supply of rare earths to manufacture High power magnets for military applications For at least ten years. Why are rare earths so important to the US and its allies On April 4, just 24 hours after Donald Trump announced the taxes that he was going to apply to the importation of most products from abroad, The administration led by Xi Jinping responded. And he did it forcefully. In early December 2024 He chose to prohibit The export of some critical minerals to the US, among which were three essential metals for the chips industry: Gallium, Germanio and Antimony. Shortly after the Chinese government added two more critical metals to its list of export restrictions: the Scandio and the Disposio. These chemical elements are probably less known than metals prohibited by China previously, such as Gallium or Germanio, but are at least as important as the latter because They have a fundamental role In the industries of integrated circuits, telecommunications and the manufacture of storage devices. Chinese authorities are retaining in ports throughout the country not only rare earths, but also high -power magnets The ability to put pressure from China had not yet been extinguished. Just ten days later, on April 14, the Administration did not hesitate take another step forward With the purpose of putting in check, in addition to the industries that I just mentioned, those of electric cars, aeronautics and advanced armament. To achieve this, it effectively suspended, in addition to the export of the most valuable rare earths, that of high -power magnets that have a critical role in the industries that I have cited in this same paragraph. The Chinese authorities are retaining in the ports throughout the country not only the rare earths, but also the high -power magnets acquired by the electric cars manufacturers of the entire planet, the aerospace companies, the chip factories and Armament companies. Many of these organizations have high -power magnet reserves made with rare earths, but possibly only allow them to subsist a few months. Europe in particular is in an extremely delicate position. China’s export controls are directed mainly to the US, but the old continent It does not remain unscathed. At least for the moment. In fact, in Germany, which as we all know is the heart of the European car industry, There are already experts who assure that if China continues to retain rare earths and electric motors some essential parts of the electric cars production chain will stop in a few weeks. For the European car industry this blow would be very difficult to fit. European companies that are dedicated to the manufacture of semiconductors are also in a very compromised situation. According to Reuters Many European chip production lines They will stop very soon Due to the shortage of crucial supplies, which has led the European Chamber of Commerce to meet with officials of the Ministry of Commerce of China to ask them to allow rare earth supply to European companies that are dedicated to the production of integrated circuits. Image | The Pentagon More information | The Washington Post In Xataka | The US will not be able to contain the technological development of China. Experts from the chips industry forecast it

Technology are asking for “AI Fluency” for their vacancies. The problem is that a euro is not being invested in teaching it

Recently, Andy Jassy, ​​CEO of Amazon told them In a statement to its employees that, in the coming years, their jobs They will change or disappear If they do not learn to use AI tools. Companies pronounced on the same line Like DuolingoZapier or Shopify. That turn towards the domain of AI tools has made A new concept Start appearing in technological employment offers: “ai fluency” or literacy in AI. The new hiring requirement with which companies ask that candidates come formed from home in the use of AI. What is literacy in AI. The literacy in artificial intelligence or “ai fluency” in its English terminology, it refers not only to the basic use of AI in the workplace (where its main value has been shown It is the translation) but the ability to integrate it into processes work to optimize them. Wade Foster, co -founder and CEO of Zapier, said in his X profile that the company had established a new standard when hiring, and 100% of its new employees should be “fluids” in AI. That meant that all his New employment offersThey were going to have a new requirement: “AI Fluency”, regardless of whether it is for a position in sales, product or development. How to define that literacy. Zapier It is not the only which has decided to add this new concept to job offers. It is enough to happen A lap By Glassdoor or other technological employment platforms to begin finding offers that already claim that literacy in AI together with requirements such as experience or mastery of programming languages. One of the most recurring questions that users made to Foster after their message was how literacy is measured in the candidate. Zapier’s manager He replied After a few days including a table with examples of the level of literacy in AI that the candidates should have based on the expectations of the position they aspired. The basis of this table is the level of complexity and integration of AI in their work that each candidate is able to demonstrate. Touch on the table to go to the original message “5 years of experience” for Juniors. At this point no one doubts that The use of AI It will be a basic requirement in most jobs in different degrees, as is the use of office tools. That leads us to the question about whether this new requirement will become another irrational demand in job offers, such as those that human resources professionals They have been denouncing for years. Ask for five years of experience for a junior job, 10 years of experience in a programming language that was invented five or being graduated from a particular university. The curiosity of employees. The key to this new ability to get a job is based on the employee know How AI models workhow to give the right commands and how to generate correction loops so that the AI ​​itself detects its mistakes. However, all this needs Advanced training that, for the moment, it is borne by employees who use AI tools on their own and learn to use it Back to companies. According to data from ‘Autumn Work Force Index of 2024’ Prepared by Slack, 76% of the employees surveyed are willing to form in the use of AI for their work. However, 48% of them They would feel uncomfortable recognizing that they currently use it. Companies do not train their employees in AI. The current reality of literacy in the AI ​​of companies collides frontally with their desires to integrate this technology into their processes. A recent report In Infojobs ensures that 1 in 3 employees uses some type of AI in their work. Of those who usually use it, only 20% say they have received some type of training to integrate it into their job, while 60% say they have not received it, nor are there plans to receive it in the next six months. He annual report Infoempleo and adecco supply and demand for employment in Spain 2024 is even more devastating with its figures: 84.71% have not facilitated any training in artificial intelligence to its employees. Realistic jobs against scarcity. According to A report From the Bank of Spain, 45.8% ensure that the shortage of qualified personnel is the main obstacle to integrate into their processes. Impose literacy criteria in unrealistic the positions for junior positions or who do not need it, can chronify that personnel scarcity and prevent the access to the labor market To the youngest. Imposing unreal requirements makes it generate A talent scarcity equally unreal, not because There are no professionals trained To develop that position, but because companies are not investing in training professionals for those vacancies and expect them to come from home and fit 100% in their vacancies. In Xataka | Of engineers to keyboard operators: AI is converting software programming into a mounting chain Image | Pexels (Cottonbro Studio)

After matching his space bet, Jeff Bezos has invested in the other great Elon Musk project: electric cars

Jeff Bezos is financing under a startup of electric vehicles called Slate Auto, which works since 2022 in a Pickup Compact and affordable with an expected price of $ 25,000, as it has revealed Techcrunch. Why is it important. This investment is a very different approach to the one followed by the majority of electric startups, which have opted for luxury models with high margins. Slate Auto changes the usual strategy when directing directly to the mass market, that of the general public. And just at a time when the growth of some brands has slowed down. In the case of Tesla, has collapsed. Between bambalins. The company was born as part of Re Manufacturing, another company supported by Bezos and co -founded by Jeff Wilke, former CEO of Amazon Consumer. Since then, he has attracted several executives from Ford, GM, Stellantis and Harley-Davidson, in addition to several former Amazon ex-employed. The figures. Slate raised at least 111 million dollars in a series A round in 2023, and according to documents from the state of Delaware mentioned by Motorpasionhas authorized about 500 million preferential shares for a series B $ 2.37 per share. That is, almost 1.2 billion dollars. In addition to Bezos, the company has the investment of Mark Walter, majority owner of the Dodgers, a baseball team, and Thomas Tull, main re manufacturing investor. The strategy. The Pickup of two Slate places follow a minimalist philosophy inspired by the Ford Model T and the Volkswagen Beetle. The company’s plan is to compensate for the low margins of the vehicle with an accessories line for customization, similar to the Harley-Davidson business model or division Mopar of Stellantis. And now what. Slate plans to start production at the end of 2026 in an installation in Indiana. During these days a prototype of the car in Los Angeles has been sighted and photographed, showing a simple and functional design, published in Reddit and collected by Carscoops. Far away from the futuristic lines of a possible rival like the Cybertruck of Tesla. Expected that, after the exclusive Techcrunch And the first photo of the prototype, the company is encouraged to share some more information than until now, where it has been cryptic in its communications. Outstanding image | Reddit In Xataka | The problem of US cars in Europe is not tariffs: they are not interested in the least

Goal approaches 100,000 million invested in metoverso, and has no intention of raising the foot of the accelerator

More than ten years have passed since Mark Zuckerberg announced the purchase of Oculus And he began to profile his idea of ​​’Metaverso‘, although the concept did not gain prominence until 2021, When Facebook, Inc. was called Platforms goal, Inc. Reality labs, the division that promotes this initiative, is on the way to burn 100,000 million dollarsand everything indicates that there is still a long way before those promises of incredible virtual worlds, where to work, play and socialize, come true. Virtual and mixed reality glasses, such as Quest Pro goal, Quest 3 goal either Apple Vision Prothey are the entrance door to this type of experience. However, these devices are not yet powerful, light and affordable to gain ground in the general public. A reflection of this reality is Tim Cook’s statements last year, when Apple’s CEO recognized that their glasses are “an early adoption product” intended for “people who want to have tomorrow’s technology.” Goal continues to burn money in metaverso Between 2014 and 2024, Meta has invested more than 80,000 million dollars in its virtual and augmented reality ambitions. The data comes from your financial ones that reflect an expense of 19,875 million dollars and a benefit of 2,146 million dollars to throughout the last year. In other words, the reality Labs division closed 2024 with losses of 17,729 million dollars. Far from lifting the accelerator’s foot, the giant of social networks remains convinced that this is the way, so he anticipates a 2025 with more investment and more losses in reality labs. Few companies in the world can afford with such long term. Meta, of course, is one of them: in 2024 he recorded net profits of 87,109 million dollars in family of apps (FOA), the segment that encompasses products and services such as Facebook, Instagram, Messenger and WhatsApp. Although reality labs is closely linked to metoverso, its reach goes much further. Immediately, this division is the epicenter of commercial products with relative successlike the family of target quest glasses and Ray-Ban Metadeveloped in collaboration with Essiloruxotic. But it is also the laboratory where the future of the company is being built. Last year we first saw Oriona prototype of augmented reality glasses that, According to Zuckerberg himselfit could one day replace the smartphone as we know it. At first glance, Orion glasses are more bulky and robust than the finish lines, probably due to the internal components necessary to project images. And they integrate micro LED projectorscapable of superimposing information in the real world. The idea is to use the physical environment as a canvas for 2D and 3D apps. But there is more. Reality labs is working on the powerful, light and affordable glasses that we mentioned at the beginning. And that, of course, requires a lot of work. At the visualization level, the objective is to achieve a practically indistinguishable experience of reality. But it is not enough with high resolution screens in next -generation glasses, but it is necessary develop technologies that still do not exist to adapt to the complex human visual system. In addition, projects include the exploration of new interfaces, such as electromiography based, which allow controlling devices through neuromuscular signals. As the company itself recognizes, its bet is to develop products that we will not see soon, but will reach its maximum splendor “in the next decade” It will be necessary to see if this goal is still standing with the advance of artificial intelligence (AI), a field in which Meta is investing billions and that, at some point, converges with its vision of metavers. Images | Goal In Xataka | Samsung and Google already have almost lists their own vision pro. And they have two fundamental advantages: Gemini and La Voz

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