KoBold used AI to find copper. Now investors are piling in to the tune of $537M

Biztoc.com - January 2, 2025

KoBold used AI to find copper. Now investors are piling in to the tune of $537M

KoBold Metals closed a $537 million Series C round on Wednesday to help build a multi-billion dollar mine to exploit a copper deposit it found using AI. The new funding round, which was led by Durable Capital Partners and T Rowe Price, will be used to expand …

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