Samox is already generating revenue and creating value for customers in various sectors like pharma, chemicals, and batteries.
The company emphasizes the importance of batteries beyond electric vehicles, highlighting the larger market of stationary batteries for storing renewable energy.
Samox aims to move beyond lithium-ion technology and sees large quantitative models (LQMs) as crucial for this advancement.
The raised funds will be used for product development, hiring more PhDs and software engineers, indicating a focus on research and development.
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Bloomberg's Caroline Hyde discusses Nissan and Honda in talks to form a merger, potentially creating the world's third largest automaker. And, Databricks raises $10 billion, putting its valuation at a whopping $62 billion. Plus, what to expect from Micron earnings.