Breakthrough has backed several other startups in the thermal energy storage industry including Antora Energy, Malta, and Rondo, in its bid to help emerging firms scale to advance low-cost utility-scale renewable grid. (REUTERS) News 

Startup Utilizing Liquid Tin to Store Energy Receives Support from Bill Gates’ Breakthrough Energy

A new thermal storage startup is receiving support from Bill Gates’ Breakthrough Energy Ventures, as the company expands its investments in long-duration power backup. Fourth Power converts renewable electricity into heat and stores it for future use. A thermal battery based on liquid tin transfers heat at very high temperatures to carbon block stacks, which can later be discharged as electricity through thermoelectric cells. This could help solve the periodicity problems of renewable energy sources. Investor DCVC led the Series A with $19 million, with participation from Breakthrough and Black…

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WeWork declared bankruptcy. Know how it once was unstoppable. (REUTERS) News 

The Epic Journey of WeWork: From Incredible Rise to Bankruptcy in 10 Steps

After a nearly ten-year period of seemingly unstoppable growth and excessive spending, WeWork has now filed for bankruptcy. Although there is a possibility for the co-working company to recover and continue operating in some capacity after going through Chapter 11, this filing represents a significant decline for a business that was considered one of the world’s most valuable startups just last year in 2019. After four years of near-constant derision, it can be hard to remember how promising WeWork once looked. Here are some highlights of the company’s rise and…

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Startups are developing cooling apparel to combat extreme heat caused by climate change. (Pexels) News 

Innovative Companies Developing Clothing to Combat Rising Temperatures

Each morning in Qatar, numerous construction workers begin their day by drenching their uniforms in water. This brief two-minute routine initiates a crucial procedure: while working outdoors, often enduring scorching summer temperatures surpassing 120F (48C), their attire can effectively lower skin temperature by up to 8C (14F) for a duration of seven hours. The uniforms are manufactured by the British startup Techniche UK, which brands them as StayQool suits. Suits made with a specially designed mesh layer and a waterproof inner layer absorb and remove heat by evaporation. They’re also…

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Sam Altman, chief executive officer of OpenAI Inc., in Sun Valley, Idaho, US. (Bloomberg) AI 

Licensing Advanced AI Systems Proposed by OpenAI

OpenAI’s internal policy memo reveals its endorsement of the notion that individuals seeking to develop advanced artificial intelligence systems should obtain government licenses. Additionally, the document indicates the company’s readiness to disclose the data it employs for training image generators. The creator of ChatGPT and DALL-E outlined a series of AI policy commitments in an internal document following a May 4 meeting of White House officials and technology leaders, including OpenAI CEO Sam Altman. “We are committed to working with the US government and policymakers around the world to support…

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Existing investors Sequoia Capital India, Omidyar Network India and Waterbridge Ventures also participated in the funding round (Doubtnut / Screenshot) News 

Ed-tech start-up Doubtnut raises £ 224 crore in latest funding

The company said it would use the capital to expand the product to more languages and subjects and launch new paid courses. Founded in 2016, Doubtnut offers an online learning platform for K12 students and those preparing for IIT-JEE and NEET. The company focuses on students of the vernacular. It also uses cutting edge technologies such as artificial intelligence and machine learning for image recognition and natural language processing. The company also offers video solutions. Its content catalog includes live lessons, video lectures, test sets and other learning materials for…

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The general manager of the trek, Kavin Bharti Mittal. pradeep gaur (MINT_PRINT) News 

Indian startup crushed by WhatsApp now wants to tackle Facebook

Kavin Bharti Mittal, a descendant of the family behind India’s second-largest wireless operator, plans to revive his struggling tech startup more than four years after it was valued at $1.4 billion by donors. funds, including Softbank Group Corp. Since obtaining unicorn status in 2016, New Delhi-based Hike Pvt. suffered a series of setbacks. The latest blow came last month when it shut down its signature messaging app – a platform that has caught the attention of other investors such as Tencent Holdings Ltd. and Foxconn Technology Group for taking WhatsApp…

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Sale Flipkart Big Saving Days (REUTERS) News 

Flipkart Wholesale presents a grocery section on its app

Flipkart Wholesale, the digital B2B arm of the Flipkart Group, announced on Wednesday that the platform will also offer groceries on its app. The company said the move would help provide kiranas and small retailers single access to a wide selection of products. To begin with, the grocery category will be available for Gurugram retailers who can order products from the Flipkart Wholesale app. The expansion to other parts of the National Capital Region and to other cities will take place over the next few months. Using the Wholesale app,…

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