Topic: startup investments
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Toyota Invests $1.5 Billion in Mobility Startups
Toyota is investing $1.5 billion in mobility startups through two new funds to support innovation from early concepts to scalable businesses. The automotive industry saw a surge in EV sales before a key tax credit expired, with Tesla reporting record deliveries, but now faces challenges sustainin...
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Nvidia and OpenAI's $100B Deal to Power an AI Revolution
Nvidia and OpenAI have committed to a landmark $100 billion partnership to build data centers powered by at least 10 gigawatts of Nvidia systems, marking the largest AI infrastructure project ever. The collaboration will use millions of Nvidia GPUs to advance OpenAI's AI research, with constructi...
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Big Tech Eyes Data Centers in Orbit
Data centers, especially those for AI, are rapidly increasing energy consumption and emissions, threatening climate goals and prompting consideration of space-based alternatives. Influential tech leaders like Sam Altman and Jeff Bezos are exploring orbital data centers to leverage continuous sola...
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Robinhood Opens Startups Fund to All Retail Investors
Robinhood has filed with the SEC to launch a fund allowing retail investors access to pre-IPO startups, aiming to level the investment playing field traditionally dominated by venture capitalists. The fund will focus on sectors like aerospace, AI, and fintech, though key details such as fees and ...
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Bill Gates's Fellowship Evolves Amid Global Challenges
Breakthrough Energy continues its climate innovation mission despite disbanding its policy team and ending support for a publication, focusing on startup investments and its fellowship program. The latest Breakthrough Energy Fellows cohort includes 45 entrepreneurs from 22 startups, with half bas...
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