The World's Biggest AI Buy, Fast Food Disruption, and Converting Methane Into Bitcoin

Tether Just Made The World’s Biggest AI Bet

Tether Group, the company behind popular stablecoin Tether, is making an unprecedented new bet - ordering 10,000 Nvidia H100 GPUs at a total cost of over $400 million. What’s happening and why it matters:

Cultured Oil is Coming for Fast Food

Zero Acre has invented a new type of cooking oil, and Shake Shack has jumped at the chance to test it out. The ‘cultured oil’ is made in a fermentation process, and offers significant health and sustainability advantages over seed oil. Discover why some of the top climate tech venture funds are backing the concept:

Renewable Power Startups Are Turning Methane Into Bitcoin

A growing number of startups and venture funds are working on an innovative, sustainable solution to curbing methane gas emissions…and earning Bitcoin in return.

The Sprint

• PayPal’s stablecoin has been granted regulatory approval and is gaining momentum.

• From Amazon to Microsoft, the world’s biggest tech companies are buying up carbon credits.

• Big biotech IPOs are back, with large new listings showing renewed momentum for drug discovery in the public markets.

• Nomura, Japan’s largest investment bank, announced a new institutional Bitcoin fund.

• Y Combinator is obsessed with AI. The last batch of investments from YC, one of the most successful startup incubators in the world, included 134 artificial intelligence companies and accounted for over 60% of the participants in their Demo Day.

• Startup spotlights: meet the teams working on sustainable jet fuel and carbon neutral cement.