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Humanoid Robots Are Here, Bitcoin ETFs, and AI For Discovering Energy Metals
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$675 Million For Developing Humanoid Robots
Figure Robotics has raised $675 million to advance the development of their humanoid robots. Nvidia, Microsoft, and Jeff Bezos participated in the investment round. Figure recently announced an official collaboration with OpenAI to develop generative artificial intelligence robotic applications, and a partnership with BMW to deploy their robots into the carmaker’s manufacturing facilities.
Bitcoin ETFs Are Breaking Records
Spot Bitcoin ETFs are continuing to rapidly accumulate significant amounts of Bitcoin as more institutional capital finds its way into digital assets. BlackRock’s spot Bitcoin ETF (NASDAQ:IBIT) has surpassed $10 billion in assets under management, and recently saw over $520 million of inflows in a single trading day. US-listed ETFs now own approximately 4% of the total supply of Bitcoin.
Artificial Intelligence Is Accelerating The Discovery Of Energy Transition Metals
Legacy Minerals (ASX:LGM) has successfully used artificial intelligence to discover platinum group elements and copper sulphides at their project in New South Wales, Australia through their collaboration with Earth AI, which leverages remote sensing and geophysical data to precisely predict where metals deposits may exist on mining properties. Earth AI has been successful in predicting metal deposits in 2 out of of their 3 initial attempts.
The Sprint
Chevron (NYSE:CVX) officially announced their first hydrogen project through their New Energies Division.
Animal Biosciences received the first clinical evidence that their supplement significantly improves cognitive function in aging dogs.
Tools For Humanity, the development company behind Worldcoin, has begun making acquisitions, acquiring popular Solana-based wallet Ottr Finance.
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