Startups articles

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Climate tech startup aims to store carbon in oceans and reshape the energy sector

Equatic will absorb CO2 and pump it into the ocean, while also producing hydrogen as fuel, or at least that's the plan
In a nutshell: A Los Angeles startup is making waves by claiming it can simultaneously address two major climate challenges: removing carbon dioxide (CO2) from the atmosphere and storing it in the ocean, while also producing emissions-free hydrogen fuel. The concept sounds promising, but not everyone is on board with it.
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New $150M facility will fire 7-petawatt lasers to (hopefully) achieve nuclear fusion

Forward-looking: Fusion energy is often regarded as the holy grail of power generation because it harnesses the same atomic process that powers the sun. The concept involves forcing atomic nuclei to fuse together, unleashing immense energy. If scientists can crack the code using lasers, it could lead to a virtually limitless supply of safe, sustainable energy without any carbon emissions.
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OpenAI secures record-breaking $6.6 billion in funding, now valued at $157 billion

The company is one of the three largest venture-backed startups ever
Why it matters: We knew OpenAI was hot, but maybe not this hot. The company has just raised a startling $6.6 billion, leading to a valuation of $157 billion. Even by Silicon Valley standards this is a lot of money. OpenAI is close-lipped about how it will invest the capital, only saying it will accelerate AI research and increase its compute capabilities.
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Big Tech needs to generate $600 billion in annual revenue to justify AI hardware expenditure

The big picture: The tech industry is riding a new high amid a frenzy fueled by AI. Big Tech companies have been plowing huge sums to build out the necessary infrastructure to meet what they perceive demand will be for these products in the coming years. One analyst warns however that the industry needs to stop and consider whether the actual revenue generated by AI will be enough to support these investments.
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Ventiva shows off tech to keep chips and devices cool

Our gadgets are getting hotter
In context: We've noticed a burning sensation in our pockets lately. Not the bite of inflation, but an actual heat source coming from our phones. Maybe it is 5G, maybe it is a design decision made by Apple, or by TSMC, whatever the reason, our smartphone runs hot.