Geothermal energy startups rise as tech giants seek clean power for AI

Geothermal energy is gaining momentum as Big Tech companies like Meta and Google turn to it to power their energy-hungry AI data centres. Startups such as Fervo Energy and Sage Geosystems are partnering with these firms to harness geothermal’s promise of carbon-free, reliable electricity. Unlike wind and solar, geothermal energy offers consistent power, though it faces challenges like high drilling costs and long approval timelines.

Oil and gas companies are also showing interest. Devon Energy and other mid-sized producers are investing in geothermal to meet their own energy needs. However, major oil players like Chevron and Exxon Mobil remain focused on natural gas, promoting it alongside carbon capture technology to reduce emissions.

Interest in geothermal is expanding, particularly in Texas, where abundant resources and streamlined regulations attract new projects. More than 60 geothermal startups have emerged in recent years, supported by improving investment conditions and bipartisan government initiatives like the CLEAN Act and HEATS Act. If these laws pass, they could further boost the sector by simplifying project approvals.

With geothermal’s competitive costs—averaging $64 per megawatt-hour—it may become a key part of a diverse energy mix. As AI-driven data centres grow, the demand for clean and consistent power is driving geothermal’s rise, offering a potential alternative to traditional fossil fuels.

Boon secures $20.5M to enhance AI tools for logistics

AI-powered logistics startup Boon has raised $20.5 million to revolutionise fleet and logistics operations. The funding, led by Marathon and Redpoint, includes $15.5 million from a Series A round and a previously undisclosed $5 million seed investment. The platform aims to streamline operations and improve efficiency by unifying data from diverse applications.

Boon targets inefficiencies in the logistics industry, particularly among small and medium-sized enterprises managing over 60 million fleet vehicles globally. Current tools, often fragmented across 15 to 20 applications, create administrative burdens. Boon’s AI agent addresses these challenges by automating processes, optimising workflows, and providing actionable insights.

Founder Deepti Yenireddy drew on her experience at fleet operations giant Samsara to design Boon. She assembled a team of experts from Apple, DoorDash, Google, and other leading firms to develop the platform. Boon plans to use the funding to expand its offerings, covering areas like container loading and staffing optimisation.

Early results have been promising. With paying customers representing 35,000 drivers and 10,000 vehicles, Boon reached an annual revenue run rate of $1 million within nine months. The company is hiring to accelerate growth and broaden its impact on the logistics sector.

IGF 2024 and the future of AI, digital divides, and internet governance

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Dear readers,

It has been a busy week as the Internet Governance Forum (IGF) 2024 has been at the centre of Diplo’s attention and that of the entire digital governance realm, addressing the most pressing digital issues of our time: the rapid evolution of AI, the digital divide, and the delicate balance of governance framework processes revolutionising the world. On 15 – 19 December, Diplo was closely involved in IGF 2024, this time in Riyadh, Saudi Arabia, reporting and contributing its knowledge to shape a human-centred digital future.

The forum brought together experts, policymakers, and stakeholders from around the globe, and discussions highlighted three dominant themes: AI governance, bridging the digital divide, and enhancing cybersecurity, underscoring the need for inclusive solutions and forward-thinking strategies.

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AI governance

AI took centre stage, as expected, with debates on governance, ethics, and its societal impact. Discussions explored a multifaceted approach, combining international regulatory frameworks, voluntary industry commitments, and bottom-up governance models sensitive to local contexts. The Council of Europe’s Framework Convention on AI and the G7 Hiroshima AI Process were spotlighted as global initiatives striving to balance innovation and the protection of human rights.

The potential of AI to deepen inequalities was another focal point, with calls to address AI divides between developed and developing nations. Discussions stressed the importance of building local AI ecosystems, promoting capacity development in the Global South, and ensuring equitable access to AI infrastructure. As concerns about AI transparency and accountability grew, frameworks like the ethical principles of the Digital Cooperation Organisation (DCO)  offered pathways to mitigate AI’s societal risks.

Diplo’s contribution to IGF 2024

Dr Jovan Kurbalija, Director of Diplo, approached the IGF in Riyadh with a historical perspective on AI’s roots in the Islamic Golden Age. He underscored the contribution of the Islamic mathematicians and the Islamic culture, which is at the foundation of the digital world. 

In the ‘Intelligent machines and society: An open-ended conversation’ session led by Diplo experts, attendees had the opportunity to explore AI’s profound philosophical, ethical, and practical implications, focusing on its impact on human identity, agency, and communication. Kurbalija introduced the concept of the ‘right to human imperfection’, urging the preservation of human flaws and agency amid AI-driven optimisation. 

Another leading expert and Director of Knowledge at Diplo, Sorina Teleanu, warned against the anthropomorphisation of AI and highlighted the risks surrounding brain data processing and questions of AI personhood, particularly with the emergence of artificial general intelligence (AGI). 

Jovan Kurbalija

Diplo ‘Unpacking the Global Digital Compact’

Sorina’s recent publication, Unpacking the Global Digital Compact: Actors, Issues and Processes, presented at the IGF, provides a detailed account of the GDC negotiations over an 18-month process, tracking and analysing changes across different versions of GDC drafts. The publication presents a unique interplay between zooming in on specific provisions, sometimes on the edge of linguistic pedantry, and zooming out to provide a broader perspective on digital governance and cooperation. The publication also places the GDC in the broader context of global digital governance and cooperation mechanisms. It offers a set of questions to reflect on as stakeholders explore the interplay between the processes, implementation, and follow-up of the GDC, WSIS, and Agenda 2030.

The panel also addressed AI governance, with Kurbalija advocating for decentralised development to prevent power centralisation, while Henri-Jean Pollet from ISPA Belgium stressed open-source models to ensure reliability. The evolving human-AI dynamic was discussed, including changes in communication and the need for AI ethics education, as raised by Mohammad Abdul Haque Anu. Kurbalija underscored Diplo’s focus on AI tools that augment human knowledge without replacing decision-making, ending the session with a call for continued exploration of the role of AI’ in shaping the future of humanity.

Digital divides: meaningful connectivity and inclusion

The persistent digital divide remained a complex challenge, with one-third of the global population still offline. IGF discussions moved beyond simple access, championing the concept of ‘meaningful connectivity’, which ensures a safe, productive, and enriching online experience. Targeted investments in rural infrastructure, unlicensed spectrum use, and satellite technology like low Earth orbit (LEO) satellites were proposed as solutions to connect underserved communities.

Gender disparities also took the spotlight. Statistics revealed stark inequalities, with women representing just 10% of executive roles in tech. Speakers called for mentorship programmes, cultural sensitivity, and capacity development to increase women’s participation in digital spaces. Examples like India’s Unified Payments Interface and Brazil’s PIX system showcased how the digital public infrastructure (DPI) can bridge economic gaps, provided they include robust consumer protections and digital literacy programmes.

IGF 2024 explores empowering Africa through digital legislation

Cybersecurity: resilience in a complex landscape

Cybersecurity sessions underscored the growing sophistication of cyber threats and the need for resilient digital infrastructure. Discussions called for universal cybersecurity standards flexible enough to adapt to diverse local contexts, while AI was recognised as both a solution and a risk for cybersecurity. AI enhances threat detection and automates responses, yet its vulnerabilities—like adversarial attacks and data poisoning—pose significant challenges.

Developing countries’ struggles to build cyber resilience were a recurring concern. Panellists emphasised capacity development, existing framework implementation, and tailored strategies. Cyber diplomacy emerged as a crucial tool, particularly in regions like Africa and the Middle East, where greater participation in global negotiations is needed to shape cyber norms and ensure equitable protections.

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Content governance and environmental sustainability

The complexities of content moderation in diverse cultural contexts raised critical questions. While AI offers potential solutions for content moderation, its ethical implications and biases remain unresolved. Disinformation was another urgent issue, with experts advocating for digital literacy, fact-checking initiatives, and multistakeholder collaborations to preserve democratic integrity.

Sustainability intertwined with digital policy discussions, as the environmental impact of AI, e-waste, and data infrastructure came into focus. The digital sector’s 4% contribution to global emissions sparked calls for sustainable IT procurement, circular economy strategies, and greener AI standards. Harnessing AI to achieve sustainable development goals (SDGs) was also discussed, with its potential to accelerate progress through real-time data analysis and climate prediction.

Looking ahead: local realities and global cooperation

IGF expertise offered some advice for the future with discussions that stressed the importance of multistakeholder cooperation in translating global frameworks like the WSIS+20 and the Global Digital Compact into actionable local policies. In Riyadh, IGF 2024 reinforced that tackling digital challenges—from AI ethics to digital divides—requires a nuanced, multifaceted, holistic, and inclusive approach. The forum served as a sounding board for innovative ideas and a call to action: to build an equitable, sustainable, secure digital future for all. 

Related news:

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Jovan Kurbalija, Director of Diplo, stressed the importance of understanding fundamental AI concepts to facilitate deeper conversations beyond the usual concerns about bias and ethics.

In other news..

Norway to host the 2025 Internet Governance Forum

Norway has been selected by the UN to host the 2025 Internet Governance Forum (IGF), marking a significant milestone as the largest UN meeting ever held in the country.

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Elon Musk and his company SpaceX are facing multiple federal investigations into their compliance with security protocols designed to protect national secrets.

Visit dig.watch now for more detailed info on IGF 2024 sessions, related updates, and other topics!

Marko and the Digital Watch team


Highlights from the week of 13-20 December 2024

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The forum, under the theme ‘Building our multistakeholder digital future’, will explore four key areas: harnessing innovation while managing risks, enhancing digital contributions to peace and development, advancing human rights…

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Experts from government, international bodies, and the private sector highlighted social media platforms as primary sources of rapidly spreading misinformation…

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The session included interactive exercises and highlighted the necessity of a multistakeholder approach to address global disparities in AI technology distribution…

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Digital identity systems were deemed essential infrastructure for economic inclusion.

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TikTok and ByteDance sought more time from the US Court of Appeals to argue their case at the Supreme Court, but this request was denied.

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UN leaders at IGF 2024 explored digital transformation, showcasing refugee-focused apps, child data rights frameworks, and blockchain security systems. Panellists stressed collaboration, inclusion, and ethical technology use for sustainable progress.

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Gender-based harassment and marginalisation were key themes at IGF 2024’s forum on journalist safety online.

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The session focused on the potential of open-source large language models (LLMs) to democratise access to AI, particularly in fostering innovation and empowering smaller economies and the Global South.

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Experts at IGF 2024 raised concerns over vague provisions in the UN Cybercrime Treaty threatening freedoms worldwide.

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The discussion highlighted the importance of baseline cybersecurity measures, such as asset inventory and vulnerability management, and emphasised employee training and awareness.

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Panelists from diverse sectors and regions discussed the significant challenges of misinformation, disinformation, and emerging technologies such as AI and deepfakes, which threaten democratic processes.


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Bytedance, the TikTok’s parent company, is going to divest its US operations by 19 January 2025 or face a ban in the country.

Mindgard secures funding to tackle AI vulnerabilities

AI poses both opportunities and risks for businesses, creating a demand for specialised AI security solutions. Mindgard, a British university spinoff, is addressing these challenges with innovative approaches to safeguard companies against vulnerabilities like prompt injection and adversarial attacks.

Founded by Professor Peter Garraghan, Mindgard employs Dynamic Application Security Testing for AI (DAST-AI), a system designed to detect vulnerabilities during runtime. Its automated red-teaming simulations leverage an extensive threat library to test the resilience of AI systems, including image classifiers. However, this cutting-edge technology stems from Garraghan’s academic expertise in AI security, reinforced by ongoing collaborations with Lancaster University.

Recent developments have bolstered Mindgard’s growth. A new $8 million funding round, led by Boston-based .406 Ventures, will support team expansion, product development, and entry into the US market. Despite its global aspirations, the company plans to retain its R&D and engineering operations in London.

With a lean team of 15 aiming to grow modestly, Mindgard’s focus remains on creating a safer AI landscape. The platform serves a diverse clientele, from enterprises and penetration testers to AI startups keen on showcasing their risk prevention capabilities. Garraghan envisions a future where AI adoption is both secure and trusted.

Instagram promises new generative AI features

Instagram is developing advanced AI-powered tools to enhance video editing capabilities for creators. These tools, expected to launch next year, will allow users to modify nearly any element of their videos through simple text prompts, according to Instagram head Adam Mosseri. The features will be powered by Meta’s Movie Gen AI model.

The teased tools aim to give creators unprecedented control over their content. Users will be able to alter appearances, change outfits, transform backgrounds, and add virtual accessories like jewellery with ease. Previews demonstrated seamless effects, including snowy backdrops and puppet-like animations, offering a glimpse into the platform’s evolving creative possibilities.

Meta’s Movie Gen, introduced in October, enables video creation and editing through text prompts but was not initially made public. Instagram’s planned integration marks a significant shift, positioning the platform as a leader in AI-driven video innovation. Competitors such as OpenAI and Adobe have also been advancing similar technologies.

Creators are anticipated to benefit greatly from these developments as Instagram seeks to empower them with more sophisticated tools. The move signals Meta’s broader ambitions to redefine video editing in the social media landscape.

Apple explores AI partnerships for iPhones in China

According to sources familiar with the matter, Apple is in early talks with Tencent and ByteDance to integrate their AI models into iPhones sold in China. This comes as Apple rolls out OpenAI’s ChatGPT in other markets, but regulatory restrictions in China prevent the availability of the chatbot there. To comply with local rules and counter the declining market share, Apple is exploring partnerships with Chinese firms that already have government-approved AI models.

Potential partners include ByteDance’s Doubao and Tencent’s Hunyuan, part of a growing field of AI services in China. Although Apple previously discussed using Baidu’s Ernie model, reports suggest technical disagreements halted progress. Baidu’s shares dropped following news of these challenges, while Tencent’s stock saw a boost.

Apple faces increasing pressure in China’s competitive smartphone market, where domestic rivals like Huawei are surging ahead. Huawei’s recent AI-equipped models have attracted consumers, contributing to a 42% spike in sales. In contrast, Apple’s third-quarter sales dipped slightly, underscoring the need for a successful AI integration strategy to regain momentum in China.

UN discusses ethical tech and inclusion at IGF 2024

Speakers at IGF 2024 highlighted digital innovation within the United Nations system, demonstrating how emerging technologies are enhancing services and operational efficiency. Representatives from UNHCR, UNICEF, the UN Pension Fund, and UNICC shared their organisations’ progress and collaborative efforts.

Michael Walton, Head of Digital Services at UNHCR, detailed initiatives supporting refugees through digital tools. These include mobile apps for services and efforts to counter misinformation. Walton stressed the importance of digital inclusion and innovation to bridge gaps in education and access for vulnerable groups.

Fui Meng Liew, Chief of Digital Center of Excellence at UNICEF, emphasised safeguarding children’s data rights through a comprehensive digital resilience framework. UNICEF’s work also involves developing digital public goods, with a focus on accessibility for children with disabilities and securing data privacy.

Dino Cataldo Dell’Accio from the UN Pension Fund presented a blockchain-powered proof-of-life system that uses biometrics and AI in support of e-Government for the aging population. This system ensures beneficiaries’ security and privacy while streamlining verification processes. Similarly, Sameer Chauhan of UNICC showcased digital solutions like AI chatbots and cybersecurity initiatives supporting UN agencies.

The session’s collaborative tone extended into discussions of the UN Digital ID project, which links multiple UN agencies. Audience members raised questions on accessibility, with Nancy Marango and Sary Qasim suggesting broader use of these solutions to support underrepresented communities globally.

Efforts across UN organisations reflect a shared commitment to ethical technology use and digital inclusion. The panellists urged collaboration and transparency as key to addressing challenges such as data protection and equitable access while maintaining focus on innovation.

Democratising AI: the promise and pitfalls of open-source LLMs

At the Internet Governance Forum 2024 in Riyadh, the session Democratising Access to AI with Open-Source LLMs explored a transformative vision: a world where open-source large language models (LLMs) democratise AI, making it accessible, equitable, and responsive to local needs. However, this vision remains a double-edged sword, revealing immense promise and critical challenges.

Panelists, including global experts from India, Brazil, Africa, and the Dominican Republic, championed open-source AI to prevent monopolisation by large tech companies. Melissa Muñoz Suro, Director of Innovation in the Dominican Republic, showcased Taina, an AI project designed to reflect the nation’s culture and language. ‘Open-source means breaking the domino effect of big tech reliance,’ she noted, emphasising that smaller economies could customise AI to serve their unique priorities and populations.

Yet, as Muñoz Suro underscored, resource constraints are a significant obstacle. Training open-source models require computational power, infrastructure, and expertise, which are luxuries many Global South nations lack. A Global South AI expert, Abraham Fifi Selby echoed this, calling for ‘public-private partnerships and investment in localised data infrastructure’ to bridge the gap. He highlighted the significance of African linguistic representation, emphasising that AI trained in local dialects is essential to addressing regional challenges.

The debate also brought ethical and governance concerns into sharp focus. Bianca Kremer, a researcher and activist from Brazil, argued that regulation is indispensable to combat monopolies and ensure AI fairness. She cited Brazil’s experience with algorithmic bias, pointing to an incident where generative AI stereotypically portrayed a Brazilian woman from a favela (urban slum) as holding a gun. ‘Open-source offers the power to fix these biases,’ Kremer explained but insisted that burdensome regulation must accompany technological optimism.

Despite its potential, open-source AI risks misuse and dwindling incentives for large-scale investments. Daniele Turra from ISA Digital Consulting proposed redistributing computational resources—suggesting mechanisms like a ‘computing tax’ or infrastructure sharing by cloud giants to ensure equitable access. The session’s audience also pushed for practical solutions, including open datasets and global collaboration to make AI development truly inclusive.

While challenges persist, trust, collaboration, and local capacity-building remain critical to open-source AI’s success. As Muñoz Suro stated, ‘Technology should make life simpler, happier, and inclusive, and open-source AI if done right, is the key to unlocking this vision.’

All transcripts from the Internet Governance Forum sessions can be found on dig.watch.

Experts at IGF 2024 address the dual role of AI in elections, emphasising empowerment and challenges

At IGF 2024, panellists explored AI’s role in elections, its potential for both empowerment and disruption, and the challenges it poses to democratic processes. Moderator Tapani Tarvainen led the discussion with contributions from Ayobangira Safari Nshuti, Roxana Radu, Babu Ram Aryal, and other experts.

Speakers noted that AI had been primarily used for self-promotion in campaigns, helping smaller candidates compete with limited resources. Roxana Radu highlighted AI’s positive role in voter outreach in India but warned of risks such as disinformation and public opinion manipulation. Ayobangira Safari Nshuti pointed to algorithmic biases and transparency issues in platforms as critical concerns, emphasising a recent case in Romania where AI-enabled manipulation caused election disruption.

Accountability of social media platforms became a focal point. Platforms increasingly rely on AI for content moderation, but their effectiveness in languages with limited online presence remains inadequate. Babu Ram Aryal stressed the need for stronger oversight, particularly in multilingual nations, while Dennis Redeker underscored the challenges of balancing regulation with free speech.

Panellists called for holistic solutions to safeguard democracy. Suggestions included enhancing platform transparency, implementing robust digital literacy programmes, and addressing social factors like poverty that exacerbate misinformation. Nana, an AI ethics specialist, advocated for proactive governance to adapt electoral institutions to technological realities.

The session concluded with a recognition that AI’s role in elections will continue to evolve. Panellists urged collaborative efforts between governments, civil society, and technology companies to ensure election integrity and maintain public trust in democratic systems.

Basis lands $34 million to revolutionise accounting

Basis, an AI startup, has secured $34 million in a Series A funding round to develop its AI-powered accounting automation product. The round, led by Khosla Ventures, attracted a diverse group of investors, including NFDG (the AI-focused fund managed by former GitHub CEO Nat Friedman and ex-Apple executive Daniel Gross), OpenAI board members Larry Summers and Adam D’Angelo, and Google’s chief scientist Jeff Dean.

The New York-based company is part of a growing group of AI startups creating autonomous agents—systems capable of performing tasks independently. Basis’ product, designed specifically for accounting firms, can handle various workflows such as entering transactions, verifying data accuracy, and integrating with popular ledger systems like QuickBooks and Xero. The product has already shown promising results, with large firms like Wiss reporting a 30% reduction in time spent on manual accounting tasks. Basis functions similarly to a junior accountant, allowing staff to focus on reviewing the AI’s work rather than completing tasks themselves.

Basis also aims to address the critical shortage of accountants in the US, exacerbated by retiring baby boomers and a decline in younger generations entering the profession. According to the Bureau of Labor Statistics, the accounting sector employs over 3 million people, but the number of candidates sitting for the CPA exam has fallen by 33% between 2016 and 2021. The shortage has led many firms to outsource work to countries like India. Moreover, with AI’s potential to automate tasks traditionally performed by accountants, the sector is expected to experience significant disruption. A 2023 OpenAI paper suggested that automation powered by large language models could eventually impact all accountant and auditor roles.