Electra Battery Materials Corporation secured a $20 million investment from the Canadian government to complete its cobalt sulfate refinery in Ontario, set to be North America's only battery-grade cobalt refinery. This funding supports construction and commissioning, aiming for production start in 2027 with an initial capacity of 5,120 tonnes annually. The project is strategic for localizing critical mineral processing, creating jobs, and strengthening the domestic battery materials supply chain, with most output contracted to LG Energy Solution. Electra plans to expand into battery recycling and nickel sulfate production, aligning with North American policies to reduce reliance on foreign supply chains and support clean energy transitions.
Perplexity AI CEO Aravind Srinivas shared lessons from Nvidia's Jensen Huang and Tesla's Elon Musk, highlighting Huang's mindset of running Nvidia as if it could fail within 30 days despite its $5 trillion valuation and advanced technology. Srinivas ...
Meta Platforms introduced an AI-powered feature called "AI Mode" within Facebook Search, which uses Meta's AI model Muse Spark to provide answers from public content rather than traditional search results. This innovation could generate over $10 bill...
Cuprina Holdings shares surged 111.84% intraday following FDA 510(k) clearance for its MEDIFLY Maggots wound care product, the first maggot debridement therapy using Lucilia cuprina species approved in the U.S. The product treats non-healing necrotic...
Cortea secured €12 million in funding led by Dawn Capital to develop AI-powered Audit Quality Agents that review audit reports and financial statements, identifying errors and inconsistencies before sign-off. These tools help audit firms improve qual...
Cortea secured €12 million in seed funding led by Dawn Capital to develop AI tools that enhance audit quality without compromising accuracy. Their Audit Quality Agents review audit reports and financial statements to detect inconsistencies and errors...
