As India’s first AI company to IPO, Fractal Analytics didn’t have a stellar first day on the public markets, as enthusiasm for the technology collided with jittery investors in the wake of a sell-off in Indian software stocks.
The mysterious businessman pitched Jeffrey Epstein on numerous mobility startups in an era when the sector was white hot, according to TechCrunch’s review of hundreds of documents released by the Department of Justice.
The acquisition could mark the beginning of consolidation in the carbon removal market since removal costs remain higher than buyers would like to pay.