Technology

This article is from The Checkup, MIT Technology Review’s weekly biotech newsletter. To receive it in your inbox every Thursday, sign up here. Hello, and welcome back to the Checkup! This week I found myself back in the classroom, sitting on a small plastic chair and carefully noting down what the teacher told me. It was…

General Motors unveiled Thursday an all-electric GMC Sierra Denali pickup truck, the latest model in the automaker’s march towards a global annual sales target of 1 million electric vehicles by 2025. The GMC Sierra Denali EV isn’t the first electric truck or SUV on GM’s new Ultium platform. It’s actually the brand’s third battery-electric truck, […]

GM takes another full-size pickup electric with the 400-mile range GMC Sierra EV by Jaclyn Trop originally published on TechCrunch

The US federal government is spending big on batteries and electric vehicles. As part of that spending spree, President Joe Biden and the Department of Energy have just announced $2.8 billion in awards to companies involved in producing the minerals and other materials that go into the batteries. The funding will go to 20 projects,…

Mercedes-Benz AG will source carbon-neutral lithium hydroxide to build batteries for electric vehicles from a Vancouver-based mining startup. Starting in 2026, the agreement with Rock Tech Lithium will provide Mercedes-Benz AG with an average of 10,000 tons of battery-grade lithium hydroxide per year — enough for around 150,000 electric vehicles. Mercedes-Benz, which sells about two […]

Mercedes-Benz partners with Canadian mining company for CO2-neutral lithium hydroxide for EVs by Jaclyn Trop originally published on TechCrunch

This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Bill Gates’s energy venture fund is plowing more money into climate adaptation The news: Bill Gates’s climate-oriented venture capital fund is expanding its mission, adding adaptation to its investment categories and establishing a…

AI systems are deployed all the time, but it can take months or even years until it becomes clear whether, and how, they’re biased.  The stakes are often sky-high: unfair AI systems can cause innocent people to be arrested, and they can deny people housing, jobs, and basic services.   Today a group of AI and…

Banyan, a platform for product purchase data that allows customers such as banks, fintechs, hotels and merchants to automate expense management and more, today announced that it raised $43 million in a Series A funding round — $28 million in equity and $15 million in debt — led by Fin Capital with participation from M13, […]

Banyan raises $43M to grow its network of item-level purchase data by Kyle Wiggers originally published on TechCrunch

The construction materials market is fragmented, according to GlobalFair CEO Shaily Garg, because it involves layers of both supply chain and logistics complexities. In a 2021 survey for the National Association of Home Builders and Wells Fargo, the vast majority of builders said that the time it takes to obtain materials — and the cost […]

GlobalFair secures new cash to simplify procuring construction materials by Kyle Wiggers originally published on TechCrunch