The University of Texas System grew rich from oil and natural gas over the last century. Now, it’s diversifying, bolstering revenue from the surface: wind, solar and data centers to power crypto and AI. GIFT LINK: www.bloomberg.com/news/feature...
Oil-Rich University of Texas Wants to Cash In on AI, Crypto and Power
The system—with an endowment second only to Harvard’s—is diversifying into wind and solar energy at a fraught time for renewables.
bloomberg.com