Tag: Sustainability

Sam Altman invests in a British lab-grown pork company, Uncommon, that uses patented technology to produce bacon and pork belly products from a single animal cell. Altman and his brother, Max, helped raise $30 million for Uncommon to scale up production. Uncommon hopes to bring cultivated meat to mainstream retail within 3-5 years. No antibiotics or animal products are used, making it easier to get regulatory approval.

Uncommon, a UK-based start-up, secures $30m in Series A funding to expand its RNA lab-cultivated bacon and pork belly operation. The capital will strengthen regulatory compliance, drive down costs, and increase production capabilities at its pilot factory for a 5% global market share by 2035. With over $35m in total funding, Uncommon stands out from the cell-based meat field with the RNA lab process, backed by Balderton and Lowercarbon investors.

Tata Consultancy Services (TCS) Chairman N Chandrasekaran discussed the company's investment in AI capabilities, despite global uncertainty in the IT industry, with plans to build AI-powered products and platforms. TCS achieved growth of 17.6% and an order book worth $34.1bn in FY23. The letter also highlighted potential investments in 5G, IoT, generative AI, virtual reality/metaverse, and digital twin. The company's commitment to investing in technology, innovation, and sustainability remains its top priority.

CUR8, a London-based startup, is making strides towards tackling climate change by creating a platform for carbon removals. This approach to reducing CO2 is more effective and fairer than carbon offsetting and involves capturing carbon dioxide from the atmosphere and locking it away. The founders include experts from Google and leading climate journalists.

Generative AI is raising concerns about its environmental impact due to significant energy consumption and carbon emissions. Using renewable energy and scheduling computation during its availability can lower emissions by up to 40%. It's crucial to make AI models energy-efficient and for companies to publish their carbon footprints. The environmental impact should be considered while making progress in AI.