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Potential Nissan-Honda Merger, Databricks' $62B Valuation

Bloomberg Technology

INSIGHT

Samox's Revenue Generation and Focus

  • 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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