AI robot uses meteorite from Mars to help make oxygen from water
Chinese experiment raises hopes for viability of mission to red planet and planetary colonisation
Artificial intelligence
The Block sold to Foresight Ventures in deal worth $70mn
Singapore venture capital group takes 80% stake in crypto media group
Digital Media, Mergers & Acquisitions
Exxon to begin producing lithium to feed surging battery demand
Biggest western oil producer to extract the metal from Arkansas starting in 2027 for use in EVs and energy storage
Batteries
German car parts supplier Continental to cut thousands of jobs
Group aims to save €400mn as it battles to remain competitive in electric vehicle era
Electric vehicles
General Atlantic takes controlling stake in Joe & the Juice
Private equity firm agrees deal that values Danish sandwich chain at about $600mn
Travel & leisure industry, Mergers & Acquisitions
Battery recyclers set to take centre stage
Governments count on metals recycling boom for energy security
Batteries
OpenAI chief seeks new Microsoft funds to build ‘superintelligence’
Sam Altman expects big tech group will back start-up’s mission to create software as intelligent as humans
Artificial intelligence
The real regulatory risk highlighted by a booming US Treasury arbitrage
Basis trade shows challenge for watchdogs is to understand hedge funds and prime brokers as symbiotic organisms
Financial & markets regulation
UK Takeover Panel falls victim to deal drought
City mergers and acquisitions regulator posts rare loss after fees from deals dip
Mergers & Acquisitions
Carmakers step up EV discounts in bid to stem global demand slowdown
Sharp deceleration in sales growth as mainstream buyers’ appetite proves weaker than expected
Electric vehicles