Brendan Smith didn’t intend to be in the critical minerals business.
But Smith and Grossman’s company, SiTration, has a different proposal: use its equipment to treat the wastewater and harvest more minerals in the process.
To turn the wafers into filters, Smith and Grossman tweaked an existing chemical treatment to etch minute pores in them.
For a larger mining site, the company would use about as much silicon as a medium-size solar farm, Smith said.
Although SiTration is starting with mining waste, including a pilot project with Rio Tinto, it’s also pitching its filtration systems to battery recyclers and metal refiners.
Bumble’s new CEO talks about her critical mission: to spice things up at the company Tis the season for turnaround CEOsSince Bumble’s blockbuster IPO at the height of the pandemic, investors’ ardor with the dating service has cooled.
Part of it ties to AI, which Bumble’s rivals are also leaning into more heavily.
But as we approach our 10-year anniversary, it’s a great moment to think about how we best serve our mission.
Historically, what we’ve seen is that a lot of men will come to Bumble who believe in women being empowered.
Bumble has always been great at community-based marketing: hosting events and finding ambassadors who really want to represent the brand.
I was in Los Angeles earlier this week where I interviewed Waymo co-CEO Tekedra Mawakana on stage at our StrictlyVC LA event.
The approval removes the last barrier for the Alphabet company to charge for rides in these expanded areas.
Yup, that’s right the Apple ended plans to build and sell an autonomous electric car.
Electric vehicles, batteries & chargingXiaomi showed off its first electric car, the SU7, at Mobile World Congress.
I’ve taken numerous rides in Waymo robotaxis, but never one in Los Angeles.
Everbridge, a critical event management (CEM) software company, is going private in a $1.8 billion all-cash deal that will see it taken over by private equity giant Thoma Bravo — 20% more than what was originally announced last month.
Things never recovered, with its valuation hovering at below the $1 billion mark for the past six months.
Premium planThoma Bravo, a private equity firm renowned for snapping up underperforming enterprise software firms, is effectively paying a premium in excess of 83%* on Everbridge’s market cap on February 2.
“We look forward to working with Everbridge to expand their ability to capitalize on opportunities in an expanding marketplace for risk, compliance, and safety solutions,” Thoma Bravo partner Hudson Smith said in a press release.
*This article was updated on March 1, 2024, with amended acquisition price and premiums after Everbridge’s “go shop” process yielded greater interest.
While it has positively impacted productivity and efficiency in the workplace, AI has also presented a number of emerging risks for businesses.
At the same time, however, nearly half (48%) said they enter company data into AI tools not supplied by their business to aid them in their work.
This rapid integration of generative AI tools at work presents ethical, legal, privacy, and practical challenges, creating a need for businesses to implement new and robust policies surrounding generative AI tools.
AI use and governance: Risks and challengesDeveloping a set of policies and standards now can save organizations from major headaches down the road.
The previously mentioned Harris Poll found that 64% perceive AI tool usage as safe, indicating that many workers and organizations could be overlooking risks.
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This new impediment to securing financing opportunities for BIPOC entrepreneurs is disconcerting.
Confronted with these challenges, angel investors and investment groups that fund BIPOC entrepreneurs must remain committed to keeping vital early-stage capital flowing.
This inherent color blindness removes a structural impediment that blocks minority investing within the conventional venture capital fund structure.
Eleven percent of all campaigns on the platform Honeycomb have been run by Black founders, and SeedInvest has seen 12% of campaigns run by Black founders.
Defining intentionally inclusive criteria in your fund/syndicate may also open the door to additional funding opportunities for BIPOC entrepreneurs.
Application programming interfaces (APIs) power the modern internet, including most websites, mobile apps, and IoT devices we use.
This phenomenon, often referred to as the “API economy,” is projected to have a total market value of $14.2 trillion by 2027.
How AI integration changed the API landscapeVarious kinds of AI have been here for a while, but it’s generative AI (and LLMs) that completely changed the risk landscape.
Many AI companies use the benefits of API technologies to bring their products to every home and workplace.
Various kinds of AI have been here for a while, but it’s generative AI (and large language models [LLMs]) that completely changed the risk landscape.
This ransomware operation, which the U.S. government is sounding the alarm about, appears to be targeting numerous critical infrastructure sectors within the United States. This includes sectors such as hospitals…
