#solid-state-batteries-ipo

#solid-state-batteries-ipo

Cursor is nearing a funding round of at least $2 billion, with returning investors Thrive and Andreessen Horowitz expected to lead the financing at a $50 billion valuation. The deal terms are not final and may still change.

First Solar closed FY2025 with $9.54 billion in shareholder equity, $2.80 billion in cash, and total liabilities that fell 8.77% year over year, showcasing a stable and strengthening balance sheet.

The Society of Motor Manufacturers and Traders is calling for UK-built vehicles, components and batteries to be granted equivalent status to EU-made products under the proposed 'Made in Europe' framework, arguing that the current draft risks undermining a deeply integrated cross-border industry.

"We have seen a significant change in the dynamic. So definitely, when the American consumer sees an increase in fuel prices they try to move to solutions which are more friendly in terms of cost, especially in states like California."

IonQ's photonic entanglement milestone is significant as it allows quantum computers to communicate across physical systems, which is essential for scalable quantum networks.

"We were considering multiple forms of capital when we started. It just felt like the opportunity is so large that venture capital gives us the opportunity to take those risks upfront and have the possibility to generate an outsized return."

Demand for lithium is fueling a modern-day gold rush. The industries that define our modern world, like artifiial intelligence (AI), robotics, EVs, and energy, all depend on lithium, which is used to make batteries and other energy storage systems. Microsoft CEO, Satya Nadella believes that the AI race will be won based on energy costs, not on who has the best models.That's why lithium demand is projected to grow a staggering 5X by 2040.