In a sandy industrial lot outside Reno, Nevada, rows of battery packs that once propelled electric vehicles are now powering a small AI data center. Redwood Materials, one of the US’s largest battery recycling companies, showed off this array of energy storage modules, sitting on cinder blocks and wrapped in waterproof plastic, during a press…
Impact investor and advisor Christian Tooley posed a simple question to the audience at SXSW London last week: What if investors put aside societal prudence for profit? Tooley was mainly referring to vice clauses, the restrictions that limited partners place on venture firms to guardrail their investments. Some of these no-no sectors often include products […]
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. How a 1980s toy robot arm inspired modern robotics —Jon Keegan As a child of an electronic engineer, I spent a lot of time in our local Radio Shack as a kid. While…
Meta is discussing a multi-billion dollar investment in Scale AI, according to Bloomberg. In fact, the deal value could reportedly exceed $10 billion, making it the largest external AI investment for the Facebook parent company and one of the largest funding events ever for a private company.