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

from TechCrunch1 month ago
KoBold Metals closed a $537 million Series C round to exploit a significant copper deposit in Zambia, leveraging AI for exploration across five continents.
TechCrunchhttps://techcrunch.com/2025/01/02/kobold-used-ai-to-find-copper-now-investors-are-piling-in-to-the-tune-of-537m/
The funding indicates a potential shift in mining strategies, as KoBold's AI-driven approach to identify commercially viable deposits could revolutionize the notoriously risk-laden sector.
TechCrunchhttps://techcrunch.com/2025/01/02/kobold-used-ai-to-find-copper-now-investors-are-piling-in-to-the-tune-of-537m/
The current geopolitical climate emphasizes the importance of critical minerals, with escalating tensions around resource supplies triggering heightened global interest and investment in mining technologies.
TechCrunchhttps://techcrunch.com/2025/01/02/kobold-used-ai-to-find-copper-now-investors-are-piling-in-to-the-tune-of-537m/
Investor interest remains robust with notable names participating in KoBold's funding round, solidifying the confidence in AI’s role in overcoming historical resource exploration challenges.
TechCrunchhttps://techcrunch.com/2025/01/02/kobold-used-ai-to-find-copper-now-investors-are-piling-in-to-the-tune-of-537m/
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#mining #ai #investment #copper #geopolitics
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