In June 2024, a small company called Zanskar purchased a geothermal power plant in New Mexico that was failing fast. The water coming from the underground reservoir was getting colder by the day, making the plant uneconomical to run. Now, two years later, that plant is running at full capacity again, thanks to a new…
Cohere, the Canada-based AI company that makes AI tools for businesses in regulated industries, announced Friday it would merge with Aleph Alpha, a German company that also builds AI systems for businesses and governments.
Market downturns create rare windows for bold companies to pull ahead, as competitors cut budgets and freeze hiring while others continue investing in marketing, talent and efficiency to gain an edge.