ExxonMobil's Big Lithium Plans, More AI Compute Power, and The 5 Minute EV Battery

ExxonMobil Wants to Become The New Lithium Leader

ExxonMobil, America’s largest publicly-traded oil and gas company, unveiled plans to become a leading lithium producer by 2030 to capitalize on the rising demand for the EV battery metal. The company has 120,000 acres in Southern Arkansas and plans to utilize its drilling expertise to begin producing lithium by 2027.

Another Publicly-Traded Bitcoin Miner Is Offering AI Compute Power

Bitdeer (NASDAQ:BTDR) has unveiled plans to begin offering computing power to artificial intelligence startups and has joined Nvidia’s Partner Network as a cloud computing partner of choice. The company will be one of the first cloud computing providers to offer access to Nvidia’s DGX SuperPOD and DGX H100 supercomputers in Asia.

The New Silicon Based EV Battery That Can Charge in 5 Minutes

StoreDot has partnered with Polestar (NASDAQ:PSNY) to develop a rapidly charging battery that aims to charge 100 miles of range in just 5 minutes. The faster charging times are unlocked through the use of silicon, which has a higher energy density than traditional batteries.

The Sprint

• BlackRock stated their plans to list a spot Ethereum ETF in a new filing with the Nasdaq exchange.

• Quandela, a quantum computing startup based in France, raised a €50 million Series B financing after recently becoming the first company in Europe to ship a quantum computer to an industrial purchaser.

• Bene Meat became the first startup in Europe to win approval to produce lab grown meat for animal consumption.

• Refurbed raised €57 million in a Series C financing to further advance their refurbished electronics marketplace that has sales of over €1 billion to date.

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