Saudi Arabia's Longevity Billions, the Mining Renaissance, and Nvidia's Biotech Bets

Saudi Arabia is Betting Billions on Longevity

The desire to live longer has long been a focus of Silicon Valley startups. But now, Saudi Arabia’s recently announced $1 billion per year commitment towards longevity science and research is positioning them as the new global leader.

Mining Startups Enter the Net Zero Renaissance

With a global push towards net zero emissions and decarbonization, it may seem that mining startups would be slowly fading from interest. The exact opposite is turning out to be true, with billions of dollars flowing to startups and early stage public companies looking to play a critical role in the energy transition.

Nvidia is Betting Big on Biotech

Nvidia has arguably been the largest benefactor of the euphoria around artificial intelligence, reaping massive profits that the company has started deploying into startups and growth companies. But there is one particular area the chipmaker keeps making big bets: biotech. What’s happening and why it matters:

The Sprint

• The US Government is funding research to explore nuclear energy’s potential role in carbon capture.

• Psychedelic drug discovery companies are entering a new era, with multiple recent acquisitions announced in the niche biotech sector that is gaining popularity with big pharma.

• HyLight Aero, a YCombinator backed startup, has a bold new approach to solving power leaks: hydrogen powered airships.

• A growing number of startups are working to merge crypto and gold, bringing together two worlds that seem at distinct odds with one another.

• The US Department of Energy has given United States automakers 15 billion reasons to electrify, announcing a massive funding program to incentivize a broader transition to electric vehicles.