Tag Archives: environmental

Alger Concentrated Equity ETF Q3 2025 Portfolio Update

Nov. 19, 2025 8: 19 AM ETNBIS, NVDA, ALAB, NFLX, GFL, TWLO Fred Alger Management 44 Follower s Comments Summary The Alger Concentrated Equity ETF outperformed the Russell 1000 Growth Index during the third quarter of 2025. NVIDIA Corporation is a privately held $27. 4 billion growth equity investment manager. Alger is a pioneer of actively managed, growth equity investing. Their journey over the past six decades has been defined by navigating change, embracing disruption, and investing in innovation. For inquiries or communication, please use Fred Alger Management’s official channels. Comments Recommended For You.
https://seekingalpha.com/article/4845534-alger-concentrated-equity-etf-q3-2025-portfolio-update?source=feed_all_articles

Google Project Suncatcher plans to build space-based solar-powered AI infrastructure systems

This week, Google revealed detailed plans for an ambitious initiative to build “scalable ML compute systems” in space. Dubbed **Project Suncatcher**, the company aims to research and develop facilities for its AI TPU (Tensor Processing Unit) systems outside of Earth’s atmosphere. The primary goal is to harness the sun’s solar energy more directly, addressing the growing power requirements of its expanding AI infrastructure.

In an extensive blog post outlining the details and intentions of Project Suncatcher, Google shared additional insights from CEO Sundar Pichai. As part of this initiative, Google will collaborate with Earth-imaging company Planet to launch two prototype satellites by 2027.

Inspired by a history of moonshot projects — from quantum computing to autonomous driving — Project Suncatcher explores the possibility of building scalable machine learning compute systems in space. By tapping into the vast and largely untapped solar power available beyond Earth, the project aims to harness energy at levels far exceeding terrestrial capabilities. The sun emits more power than 100 trillion times humanity’s total electricity production, presenting an enormous opportunity to fulfill the energy demands of AI technology.

This ambitious project seeks to address a persistent and increasingly urgent problem in AI development: the high cost and environmental strain of powering these advanced systems. The energy demands of AI have grown so significant that environmental groups have criticized companies like xAI for the impact their facilities have on local environments and power supplies — notably in Memphis, Tennessee.

Project Suncatcher represents Google’s effort to pioneer a sustainable and scalable path for powering AI, pushing the boundaries of technology beyond our planet while addressing critical energy challenges here on Earth.
https://www.shacknews.com/article/146711/google-project-suncatcher-sundar-pichai-ai-solar-energy

Stacey Abrams’ Nonprofit Shuts Down After Years of Allegations of Corruption

The nonprofit organization founded by Stacey Abrams, known as the New Georgia Project, has announced it is officially shutting down after a decade marked by controversies involving illegal fundraising, ethics violations, and ongoing investigations by Georgia state lawmakers, according to The Gateway Pundit.

In a public statement, the nonprofit’s Board of Directors said, “We are proud of the milestones we have achieved, the communities we have engaged and the countless individuals whose lives have been strengthened by our work.” The announcement comes amid a series of financial and legal scandals surrounding the organization, which Abrams created in 2013 to increase voter turnout among Black Georgians.

Although Abrams no longer holds an official role with the group, the New Georgia Project has faced mounting scrutiny for alleged campaign finance misconduct and mismanagement of donor funds. Earlier this year, the Georgia Senate launched a formal investigation into Abrams and the New Georgia Project over allegations of illegal fundraising activity.

According to Atlanta News First, “Abrams and the New Georgia Project, from which she is no longer affiliated, are being investigated by the same Senate panel that has been examining Fulton County DA Fani Willis’ historic indictment of Donald Trump during the time he was out of the Oval Office.” The Senate committee is focusing on potential campaign finance violations, including the organization’s spending practices and reported internal disputes related to employee unionization efforts.

In January, the group was hit with a $300,000 ethics fine for violating campaign finance laws. Fox 5 Atlanta reported that the State Ethics Commission’s five-year investigation “revealed that the organization raised $4.2 million in dark money and spent $3.2 million on campaign activities.”

Shortly after the fine was imposed, New Georgia Project CEO Francys Johnson announced his resignation, citing the organization’s legal and financial troubles. Johnson’s departure came amid ongoing questions about the group’s transparency and accountability, issues that have persisted since Abrams’ tenure as founder.

The closure of the New Georgia Project is not the only controversy tied to Abrams. Separate reports surfaced earlier this year linking her to another nonprofit that received a $2 billion federal award from President Joe Biden’s Environmental Protection Agency (EPA).

The organization, Power Forward Communities, reportedly brought in only $100 in revenue during its first three months of operation in 2023, raising questions about how it qualified for such a massive federal grant. The Washington Free Beacon reported that Power Forward Communities was among the beneficiaries of $20 billion in federal funds distributed through the EPA’s “green bank” initiative, a program meant to finance environmental projects.

Former Congressman Lee Zeldin, who has been reviewing the federal disbursements, questioned how the newly formed Abrams-linked nonprofit was able to secure $2 billion in funding despite its limited operational history.

Twice-defeated in her gubernatorial bids against Georgia Governor Brian Kemp, Abrams has long claimed—without evidence—that Georgia Republicans engaged in “Black voter suppression.” Critics have pointed to the collapse of her nonprofit as the latest example of financial mismanagement and political opportunism within the network of organizations she helped build.

The Georgia Senate investigation into Abrams and the New Georgia Project remains ongoing.
https://www.lifezette.com/2025/10/stacey-abrams-nonprofit-shuts-down-after-years-of-allegations-of-corruption/

A CivicSpace Conversation on Rural-Urban Powerbuilding

CivicSpace, a New America Chicago initiative, presents a virtual roundtable focused on finding common ground and powerbuilding across rural and urban spaces. This discussion will explore how rural and urban communities can better understand one another and work together to address shared civic challenges.

The roundtable will feature a moderated dialogue followed by an opportunity for questions from the audience.

While rural and urban communities are often viewed as culturally and politically opposed, many face parallel struggles such as underinvestment in public infrastructure, unequal access to public services, weakened democratic institutions, and exclusion from policy processes. Yet, there are few spaces where rural and urban leaders can come together to explore common ground, exchange experiences, and uncover shared priorities.

**Speakers:**
– Daniel Ash, Executive Director of the Field Foundation
– Loka Ashwood, Sociologist and MacArthur Fellow
– Catherine Coleman Flowers, Founder of the Center for Rural Enterprise and Environmental Justice (CREEJ) and MacArthur Fellow

Join us for an insightful conversation aimed at bridging divides and fostering collaboration between rural and urban communities.
https://www.newamerica.org/chicago/events/a-civicspace-conversation-on-rural-urban-powerbuilding/