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Google's Robotic Breakthrough, Betting Big On Rare Earths In South America, And Cipher's Multi Billion Dollar Deal

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Google Launches New Breakthrough AI Models For Robots

Google (NASDAQ: GOOG) officially launched two new artificial intelligence models for robotics known as Gemini Robotics 1.5 and Gemini Robotics-ER 1.5. The new models are the most advanced that Google has ever released, and are capable of using the internet to learn tasks and also allow robots to transfer skills from one robot to another, without requiring the need for retraining.

Aclara Resources Is Betting Big On South American Rare Earth Projects

Aclara Resources (TSX: ARA) publicly stated they plan to invest $1.3 billion into developing new rare earth mines and processing facilities throughout South America, marking the company’s single largest funding commitment towards building out a fully integrated supply chain for rare earth elements.

Cipher Mining Lands Multi Billion Dollar AI Compute Deal 

Cipher Mining (NASDAQ: CIFR) entered into a new high performance computing co-location deal with Fluidstack AI to deliver 168 megawatts of power capacity to their Barber Lake data centre located in Texas. Fluidstack AI will pay Cipher Mining roughly $3 billion over the next 10 years, and Google (NASDAQ: GOOG) will backstop $1.4billion of Fluidstack AI’s lease obligations in exchange for approximately 5.4% equity ownership in Cipher Mining through warrants.

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