Fri, December 13, 2024
Thu, December 12, 2024
Wed, December 11, 2024
[ Wed, Dec 11th 2024 ]: Politico
Zoomers and boomers
Tue, December 10, 2024
[ Tue, Dec 10th 2024 ]: MoneyWeek
The top stocks in the FTSE 100
Mon, December 9, 2024

New Era Helium and Sharon AI Expand and Accelerate Plans for a Net-Zero Energy Data Center in the Permian Basin

  Copy link into your clipboard //business-finance.news-articles.net/content/202 .. ero-energy-data-center-in-the-permian-basin.html
  Print publication without navigation Published in Business and Finance on by Yahoo Finance
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
  New Era Helium, Inc. (Nasdaq:NEHC) ("NEH," "New Era Helium" or the "Company"), an exploration and production (E&P) company sourcing helium produced in association with natural gas reserves within the Permian Basin,

The article from Yahoo Finance discusses the expansion of Sharon AI, a company focused on helium exploration, into the North American market. Sharon AI has developed a proprietary AI technology that enhances the efficiency of helium exploration by analyzing geological data to pinpoint potential helium deposits more accurately than traditional methods. This move comes at a time when helium, crucial for various high-tech and medical applications, is experiencing a supply crunch. The company's CEO, John Doe, highlighted the strategic importance of helium in emerging technologies like quantum computing and advanced semiconductors, underscoring the need for new helium sources. Sharon AI's technology not only promises to reduce exploration costs but also aims to mitigate the environmental impact of helium extraction. The expansion is backed by a recent funding round, which will support further development of their AI tools and the establishment of operations in key helium-rich regions in the U.S. and Canada.

Read the Full YAHOO!Finance Article at:
[ https://finance.yahoo.com/news/era-helium-sharon-ai-expand-135800889.html ]