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Amid Planning for $20 Billion Magma Powered-Powered AI Data Center, Magma Power LLC Is Granted Its 14th U.S. Patent On Revolutionary Green Baseload Energy Source

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Magma Power is Inevitable.  It’s not a question of if magma power will power the Earth – but when.

NEW YORK, Dec. 12, 2024 /PRNewswire/ — Magma Power LLC, a global developer and licensor of Magma Power™ technology, proudly announces that is has been granted its 14th U.S. Patent on its revolutionary magma power technology.

“We are in preliminary discussions to use Magma Power™ technology to build the world’s largest AI data center powered entirely by renewable energy,” says Richard McDonald, Chief Strategy Officer of Magma Power, LLC.

Magma Power, LLC says the AI data center, to be developed by Magma Power’s global consortium partners, would consume 10 gigawatts of power directly sourced from magma reservoirs. The total investment is expected to be over $20 billion.

“The power demand from AI is insatiable and Magma Power™ is the answer for renewable, baseload, and virtually unlimited power,” McDonald says. 

Goldman Sachs estimates that by 2030 data center power demand will be over 1,000 terra-watt hours (TWh).  This equates to over 80 gigawatts of installed power.  “Our magma-powered AI data center could meet over 10 percent of the global AI power demand by 2030,” McDonald says, “all without emitting a single molecule of carbon or burning a single ounce of fossil fuels.”

“Wind, solar, and nuclear all have significant drawbacks when it comes to providing the low-cost baseload renewable power that Magma Power™ provides,” says McDonald.  “Wind and solar do not provide the baseload power that is required to run a data center. And Magma power has none of the long-term environmental impacts of nuclear power,” McDonald says.

Magma Power, LLC’s 14th U.S. patent covers a proprietary system designed to safely and efficiently extract geothermal energy from magma reservoirs. This cutting-edge technology represents a significant leap forward in sustainable energy solutions, enabling the formation and maintenance of underground magma chambers for scalable energy production.

With this patented system, Magma Power is uniquely positioned as the only company to redefine geothermal energy by unlocking the vast potential of magma reservoirs, making renewable energy more accessible and cost-effective worldwide.

Magma Power’s patented technology can be applied across a range of industries, offering transformative renewable energy solutions for:

Baseload Grid Power: Power grids worldwide are increasingly struggling with the intermittent nature of wind and solar. Magma Power solves this problem with virtually unlimited basedload renewable power.AI Data Centers: As AI computing power demands soar, Magma Power’s low-cost, constant energy supply is the ideal solution for powering data centers 24/7.Bitcoin Mining: Energy-intensive bitcoin mining operations will benefit from reliable, low-cost power, enabling sustainable and profitable mining at scale.Green Fuels: Magma Power enables the production of green hydrogen, ammonia, and kerosene, providing a carbon-neutral alternative for transportation and industrial sectors.Energy-Intensive Manufacturing including renewable energy solutions for steel, aluminum, chemical, and cement manufacturing.

Patent Claims: A Comprehensive Solution

Magma Power’s 14th U.S. patent includes 20 claims that form the foundation of Magma Power’s proprietary technology:

Formation of Underground Chambers: A system comprising a wellbore extending from the surface into a magma reservoir, a fluid conduit, and a fluid pump that injects pressurized fluid to displace liquid magma, forming a cavity lined with hardened magma.Creation of a Solid Surface: Injection of pressurized fluid at specific temperatures and pressures to create a solid surface around the cavity via heat transfer between the fluid and magma.Hardened Magma Lining: The solid surface comprises hardened magma formed during the cooling process.Continuous Pressurization: The system ensures ongoing pressurization to maintain the integrity of the cavity.Pressure Regulation: Precise control of pressure differences between injected fluids and the surrounding magma to ensure structural stability.Packer Integration: A packer separates the wellbore into lower and upper sections, enabling controlled pressurization of the magma chamber.Casing Reinforcement: Casings applied to portions of the wellbore enhance structural integrity.Molten Salt Use: The use of molten salt as a pressurized fluid for optimal heat transfer and energy efficiency.Multi-Stage Operations: The ability to sustain cavity formation and maintenance under varying pressures and flow rates.Advanced Structural Stability: Formation of a cavity that remains stable through precise engineering and fluid management.Pressure Threshold Management: Ensuring pressure differences between injected fluids and surrounding magma remain below a specific threshold to prevent structural failure.Adaptability: The system supports various geothermal conditions and site requirements, enhancing scalability.Enhanced Wellbore Design: Coupling the fluid conduit to casings for additional stability and operational efficiency.System Redundancy: Integration of backup systems to ensure continuous operations and prevent disruptions.Scalable Energy Production: The system supports energy production capacities tailored to specific project needs, providing up to 40 MW per well.Environmental Safety: Reduced risk of environmental impact through precision engineering and controlled operations.Durability: Long-term viability of the chamber through innovative heat transfer processes.Resource Optimization: Efficient use of geothermal resources through advanced fluid dynamics.Global Applicability: A design adaptable to diverse geological conditions worldwide.Sustainability-Focused Design: A commitment to renewable energy with reduced operational costs and environmental footprint.

Statements from Magma Power Leadership

Levi Conner, CEO of Magma Power, remarked:
“This patent solidifies Magma Power’s position as a global leader in renewable energy innovation. Our system represents a transformative leap in geothermal energy, unlocking the potential of magma reservoirs to provide clean, sustainable, and affordable power worldwide”.

KC Conner, the inventor behind this groundbreaking technology, shared:
“This technology reflects years of dedicated research and engineering. By forming hardened magma chambers, we’ve created a reliable and scalable solution for renewable energy production. It’s an honor to see this innovation take a step toward global implementation.”

Richard McDonald, Chief Strategy Officer, added:
“With this patent, Magma Power is uniquely positioned to address the global demand for sustainable energy. This technology enables us to pursue projects worldwide, delivering cutting-edge solutions to regions seeking reliable and cost-effective renewable power.”

Impact and Global Vision

Magma Power’s patented system is designed to produce baseload power, offering stable and reliable energy at costs up to 50% lower than market rates. Its adaptability supports applications such as powering AI data centers and other energy-intensive facilities.

The company is actively pursuing projects worldwide, leveraging its patented technology to make renewable energy more accessible and sustainable.

About Magma Power LLC:

Magma Power LLC, (visit MagmaPower.com) with headquarters in Tampa, Florida, with additional offices in New York City and Houston, is a pioneering energy technology company dedicated to developing cutting-edge solutions for harnessing renewable energy. Magma Power, LLC has secured fourteen worldwide patents covering all aspects of the production of green energy, energy-intensive manufacturing, green fuels, and other products using Magma Power™. Magma Power LLC has also filed an additional forty-six global patents covering all aspects of magma power production, with over 1,000 patent claims pending related to this revolutionary new green energy source. Magma power is a virtually unlimited source of green, renewable, baseload energy that U.S. government researchers in the 1970s, including those at Sandia National Laboratories, concluded could meet the Earth’s energy needs for the next several thousand years.  The work of Magma Power LLC has taken the initial insights from the Sandia Labs test and developed them into robust, patent-protected technology ready for commercial deployment. Given the inability of wind and solar to provide stable baseload renewable power, there is no long-term alternative to magma power for renewable energy.  Magma Power is Inevitable.  It’s not a question of if magma power will power the Earth – but when. Energy is civilization, and the next several thousand years of civilization will be driven by Magma Power™. 

For media inquiries, please contact:
Richard McDonald
Chief Strategy Officer
rmcdonald@magmapower.com

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SOURCE Magma Power

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Creality K3 Now Available at $849, Making Multi-Color 3D Printing More Practical

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Creality’s four-nozzle flagship moves from pre-order to official U.S. availability, bringing faster color changes and greater creative flexibility to everyday 3D printing.

HOUSTON, Nov. 3, 2026 /PRNewswire/ — Creality today announced the official U.S. availability of the K3, its latest flagship K Series 3D printer, starting at $849. Following its pre-order debut in October, the K3 is now available for purchase, with shipments of the first pre-orders having begun on November 2.

Recognized as an IFA Innovation Awards 2026 Honoree, the K3 introduces a four-nozzle system designed to make multi-color printing faster, less wasteful, and more practical for everyday creative projects.

Making Multi-Color Printing Easier and Faster

From detailed figures and personalized gifts to decorative pieces and functional designs, color can make a significant difference in how a 3D-printed project comes together. Conventional multi-color printing often comes with a setback: more colors mean more time spent switching filaments and more material discarded along the way.

The K3 takes a different approach. Its KliTek™ four-nozzle system keeps different filaments ready in independent channels, allowing the printer to switch between nozzles in approximately 5 seconds while reducing the repeated purging required by conventional single-nozzle systems.

In Creality’s internal testing, this approach shortened total print times by up to 80% and reduced material waste by up to 85% compared with conventional single-nozzle multi-color workflows.

For makers, this means less time and filament spent on color changes, whether creating a personalized gift, a detailed display piece, or a batch of matching designs.

More Room for More Creative Possibilities

Beyond multi-color printing, the K3 is designed to grow with makers as their projects become more ambitious.

With optional accessories, its four-nozzle architecture supports different nozzle sizes within a single print, allowing users to combine finer surface details with more efficient internal structures. This gives makers greater flexibility to balance appearance, precision, and printing time without having to choose a single nozzle size for an entire project.

The K3 also offers an expandable path into multi-material printing. An optional top cover enables the use of engineering materials, while a dedicated TPU Kit expands compatibility to softer flexible filaments and soluble support materials. These options open up possibilities for projects that combine different material properties or require more complex structures.

U.S. Availability and Launch Offer

The Creality K3 is now available in the United States, starting at $849. Shipments of the first pre-orders began on November 2.

To celebrate the official launch, customers purchasing the K3 through November 30 will receive four complimentary rolls of Hyper PLA filament. Orders placed through Creality’s official online store during the promotional period also qualify for free shipping.

European availability is expected in December 2026.

For more information or to purchase, visit the Creality K3 official product page.

Performance figures are based on Creality’s internal testing. Actual results may vary depending on materials, models, and printing conditions. Advanced multi-material and mixed-nozzle capabilities require optional accessories sold separately.

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SOURCE Creality

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Epic Seven’s New Server “Foundry” Goes Live to Celebrate Official Steam Launch

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Official Steam Launch on Oct 29, Long-term positive synergy anticipated from a new influx of players and improved accessibilityNew server “Foundry” launches with various events to help players settle in quicklySpecial Side Story “Secret Rabbit Hole” Available From Oct 29 to Dec 10

SEOUL, South Korea, Nov. 3, 2026 /PRNewswire/ — On Tuesday the 3rd, Smilegate announced that its mobile turn-based strategic RPG “Epic Seven,” developed by Super Creative, has officially launched on Steam on the 29th and also opened a new server, “Foundry”.

The Steam launch is part of a platform expansion reflecting the needs of global players. With Epic Seven now available on Steam, the world’s largest gaming platform, long-term positive synergy is expected from a new influx of players and improved accessibility. Furthermore, the Steam server introduces exclusive new features, such as controller support.

The new “Foundry” server, launched alongside the Steam service, can be accessed not only through Steam but also via the STOVE PC Client and mobile devices. For players starting Epic Seven for the first time, the new server will operate with independent matchmaking for PvP content for a limited time.

Additionally, various events will be held on the new server to help players settle in quickly. A Settlement Support Buff Event, which began on the 29th, provides various effects to accelerate Hero and account growth, along with daily free Hero summons. There will also be bountiful rewards provided, including various Equipment, growth materials, and Hero Skins, when players log in or play through content.

Global player response has also been highly positive, with over 100,000 players participating in the Steam Wishlist Event that began in August.

Meanwhile, Epic Seven will release a Special Side Story, “Secret Rabbit Hole,” from October 29 to December 10. The greatest Bunny detective, Bunny Girl Great Detective Moro, alongside her sidekick, Alencia, will investigate various incidents to stop a plot detected during a victory celebration party, uncovering the hidden truth behind the case along the way. Players can earn three pieces of Level 88 Equipment by progressing through the story and will receive a special Pet upon collecting all three new Bunny Girl characters and two skins. Additional rewards, such as Charms and Emojis, can also be earned through the concurrent “Trusty Sidekick Alencia’s Case Files” and “Lucky Board Party!” events.

For more information on Epic Seven, visit the official community and the official YouTube channel.

View original content to download multimedia:https://www.prnewswire.com/news-releases/epic-sevens-new-server-foundry-goes-live-to-celebrate-official-steam-launch-302927352.html

SOURCE Smilegate

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Benzinga Expands Support for AI-Powered Financial Innovation Through Growing Data Ecosystem

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DETROIT, Nov. 3, 2026 /PRNewswire/ — Benzinga, a leading provider of real-time financial news and market intelligence, today highlighted its continued commitment to supporting the rapidly growing ecosystem of AI-powered financial applications, with tradeInsightAI among the latest platforms leveraging Benzinga content to enhance market intelligence and decision-making.

As artificial intelligence reshapes how investors, analysts, and institutions consume information, demand for trusted, real-time financial data continues to grow. Through its APIs and data licensing solutions, Benzinga provides the news, corporate communications, and market intelligence that power a growing range of AI-driven products and workflows across the financial industry.

The relationship with tradeInsightAI reflects a broader trend of AI-native companies incorporating high-quality financial data into their platforms to generate insights, identify market-moving developments, and help users navigate increasingly complex information environments. By integrating Benzinga’s real-time financial news and corporate communications content, tradeInsightAI is further strengthening its AI-powered analysis capabilities and expanding the intelligence available to its users.

Benzinga’s data ecosystem supports a wide variety of AI use cases, including market research, event detection, workflow automation, portfolio intelligence, sentiment analysis, and real-time decision support. By delivering structured, machine-readable content through flexible APIs and licensing solutions, Benzinga enables developers, financial institutions, and technology providers to build innovative applications on a foundation of trusted market intelligence.

“AI is rapidly transforming financial markets, and we’re seeing incredible innovation from companies building the next generation of investment and intelligence tools,” said Emily Goldvekht, Account Manager at Benzinga. “tradeInsightAI is a great example of how firms are using AI to turn complex market information into actionable insights. At Benzinga, we’re proud to provide the real-time data and content that help power these emerging technologies.”

“tradeInsightAI replaces endless financial market dashboards and fragmented data feeds with pure inference, a single intelligence layer for real-time market clarity,” said Al Vinjamur, Founder and CEO of tradeInsightAI. “By combining Benzinga’s premium reporting with our domain-aware AI and quantitative pipelines, we turn information overload into edge. With upcoming pilots at some of the world’s largest banks and hedge funds, we’re defining the future of market intelligence.”

As financial institutions continue exploring artificial intelligence to improve research, analysis, and decision-making, Benzinga remains focused on delivering the trusted market intelligence that helps power the next generation of financial technology. Through its expanding network of AI-driven customers and partners, the company is helping accelerate innovation across the broader financial ecosystem.

About Benzinga

Benzinga is a leading financial media and data technology company that empowers investors with high-quality, real-time market intelligence. Through its news platform, APIs, and data products, Benzinga provides traders, financial institutions, and fintech platforms with the insights they need to make smarter investment decisions. From breaking news and analyst ratings to corporate events and alternative datasets, Benzinga’s tools help market participants stay ahead of the information that drives price movement.

To learn more, visit www.benzinga.com/apis/.

About tradeInsightAI

tradeInsightAI is a real time AI-powered financial intelligence platform that triangulates high-resolution market data, news, and alternative datasets to deliver total situational awareness for traders. Founded by a known ex-quantitative portfolio manager at one of the largest hedge funds in the world, market microstructure and AI engineers, the company’s mission is to clarify the deluge of financial information by bridging the gap between fragmented market noise and actionable understanding. tradeInsightAI’s Agentic Market Inference Engine (AMIE) unifies auction dynamics, market structure, news, social media chatter, prediction markets, filings and more through a full-stack AI engine built from the ground up to detect market shifts.

To learn more, visit https://tradeinsight.ai.

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SOURCE Benzinga

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