Andrew McCalip and Varda had all of the equipment to replicate and used about $500 in material. They seem to be the first in the USA to have a public replication with some partial reported success. They do not have the equipment to characterize the material. They have given it to USC to analyze. They …
Looking at John Rockefeller and Standard Oil. There are a lot of similarities with what Elon And Tesla are doing. Rockefeller was laser focused on reducing costs and waste. Rockefeller used a lot of vertical and horizontal integration to reduce costs. Deep Technology like nuclear fusion, molecular nanotechnology and reusable rockets will create entire new …
HSBC Holdings plc announces that its UK ring-fenced subsidiary, HSBC UK Bank plc, is acquiring Silicon Valley Bank UK Limited (SVB UK) for £1. As at 10 March 2023, SVB UK had loans of around £5.5bn and deposits of around £6.7bn. For the financial year ending 31 December 2022, SVB UK recorded a profit before …
Spark Capital is leading a $300 million investment in artificial intelligence startup Anthropic. Google invested $400 million in Anthropic. Anthropic is a competitor to OpenAI which makes ChatGPT. Anthropic is now valued at 4.1 billion. Anthropic was founded in 2021 by former senior members of OpenAI, principally siblings Daniela Amodei and Dario Amodei, the latter …