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• Research shows AI is already propelling transition
  Artificial intelligence's impact on energy demand has captured a lot...
  Artificial intelligence's impact on energy demand has captured a lot of attention lately, but the technology definitely has a bright side when it comes to fueling transition progress. Companies and utilities alike are using AI-based tools to monitor emissions, track generation and balance supply and demand. This piece explores the different ways AI is having an outsized impact in the energy transition, as well as its potential to drive job creation.
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• Amazon ups its investment in AI
   In the e-commerce giant’s largest outside investment...
   In the e-commerce giant’s largest outside investment since its founding, Amazon said yesterday that it’s pouring another $2.75 billion (on top of the $1.25 billion it already invested) into Anthropic, maker of ChatGPT competitor Claude. With the race for AI dominance heating up, Anthropic, which also counts Google and Salesforce among its backers, has raked in over $10+ billion in investments over the last year, including the latest one from Amazon, per CNBC. Meanwhile, bankrupt FTX recently reached a deal to sell off its $844 million stake in Anthropic, mostly to a UAE sovereign wealth fund.
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• ☕️What Else is Brewing Thursday Morning
  It’s Opening Day for Major League Baseball, marking the second season...
  It’s Opening Day for Major League Baseball, marking the second season a pitch clock has been enforced to speed up the game. In their first year, the clocks were impactful: The average nine-inning game was 24 minutes shorter than in 2022. Multiplying that across the 2,430+ games played during the season, it means more than 40 fewer days of baseball were played in total.
  
  Sam Bankman-Fried will be sentenced today for his role in the collapse of FTX. The government wants him behind bars for 50 years, while his lawyers say six years would be enough.
  
  Divers found the remains of two of the six people presumed to have died after a cargo ship crashed into Baltimore’s Francis Scott Key Bridge.
  
  An appeals court ruled that Texas’s controversial immigration law allowing the state to arrest migrants will stay on hold while it considers the law’s constitutionality.
  
  A federal judge ruled that the SEC’s lawsuit accusing Coinbase of selling unregistered securities can go to trial, rejecting the crypto exchange’s bid to get it tossed.
  
  Twitch’s most popular streamer, Ninja (real name: Tyler Blevins), has been diagnosed with skin cancer.
  
  New York City is poised to levy a $15 toll for driving into parts of Manhattan after the controversial congestion pricing plan was approved by the city’s transportation board
  
  
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• Closing Oil & Gas Prices
  Benchmark U.S. crude oil for May delivery...
  Benchmark U.S. crude oil for May delivery fell 27 cents to $81.35 per barrel Wednesday. Brent crude for May delivery fell 16 cents to $86.09 per barrel.
  
  Wholesale gasoline for April delivery fell 2 cents to $2.68 a gallon. April heating oil fell 2 cents to $2.60 a gallon. May natural gas fell 7 cents to $1.72 per 1,000 cubic feet.
  
  
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• Dow ends up nearly 480 points, S&P 500 books new record as stocks end 3-day skid
  All three major U.S. stock indexes closed higher on Wednesday as investors...
  All three major U.S. stock indexes closed higher on Wednesday as investors appeared to position for upcoming rate cuts this year by the Federal Reserve, pushing the Dow Jones Industrial Average and S&P 500 toward their longest streak of monthly gains in years.
  
  The Dow Jones rose 1.2% to finish around 39,761, based on preliminary figures.
  
  The S&P 500 advanced 0.9% to end at roughly 5,249.
  
  The Nasdaq Composite rose 0.5% to close around 16,400.
  
  The Russell 2000 Index of small-cap stocks jumped 1.8% to close at around 2,108.
  
  The Dow Jones and S&P 500 each snapped a three-day losing streak, and are heading toward their fifth consecutive month of gains. With only one additional trading day left in March, a monthly gain would match the longest streak of advances for the Dow Jones and S&P 500 respectively since August 2020 and January 2018.
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