DataRobot, an eight-year-old artificial intelligence startup, has added three new investors–Salesforce, Snowflake and Hewlett Packard Enterprise–and expanded a Series F funding round it announced last month from $270 million to $320 million. DataRobot also revealed a strategic partnership with Snowflake, which sells a type of database software that is tuned for speedy data retrieval, that will...
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The Electric: Western Auto and Battery Makers’ Big Gamble on Indonesian Nickel
For much of the last century, metals companies have made stainless steel from nickel mined in Russia or the Philippines and smelted at temperatures up to 2,900 degrees. But demand for nickel is outstripping supplies because the metal is a key component in most electric vehicle batteries. So metals producers have turned to a new supplier—Indonesia, which possesses vast reserves of a previously...
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How Microsoft Swallowed Its Pride to Make a Massive Bet on OpenAI
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