Fast-tracking the electric future! EARTH AI is a predictive explorer and driller for critical metals
EARTH AI的外部链接
Two Embarcadero Center
US，California，San Francisco，94111
EARTH AI转发了
Australia just became even more lucrative for critical metals businesses! 10% off processing cost for critical metals from 2027 till 2040! This is a great advantage for EARTH AI and our partners Tivan Limited Legacy Minerals (ASX: LGM) Kincora Copper Limited https://lnkd.in/g4VuK72D
????????ICYMI?????? EARTH AI was featured on?CNBC’s “Clean Start” series, a part of its Power Lunch segment. CEO/Founder?Roman Teslyuk?spoke to host?Diana Olick?on how the company is?disrupting the mining industry through its proven AI-powered Mineral Targeting Platform (MTP), capable of rapidly identifying mineral resources in previously untapped areas at a fraction of the cost. The global demand for critical minerals is expected to reach $10 Trillion by 2050, which means that current production will need to increase ~30x to meet that threshold. Earth AI is becoming an integral partner for the mining industry as it seeks to meet the exponential growth in demand for critical minerals resulting from the global energy transition. #mining #AI #artificialintelligence #energytransition #criticalminerals #exploration Tamarack Global, Cantos, Y Combinator, Overmatch Ventures, Alpaca VC, Scrum Ventures Sparkwave Capital https://lnkd.in/gPsNR9NS
EARTH AI转发了
Heard on the Street ?? @Earth AI will be on @CNBC?today?during the “Clean Start” series, which is part of the Power Lunch segment. Air time is expected during the second half of the show around 2:40pm ET Today! https://lnkd.in/gGEC-Ngu
EARTH AI转发了
Today, we are excited to announce the close of our oversubscribed $20 million Series B round. New funding will advance our AI-driven mineral exploration technology to accelerate new discovery, development; and increase drilling capacity.? ? This news builds upon the momentum of two recent discoveries using our AI; an exciting new gold system and one of the largest greenfield magmatic nickel and palladium mineral systems in Australia. ? Cantos Tamarack Global Scrum Ventures Y Combinator Alpaca VC Overmatch Ventures Metaplanet Sparkwave Capital ? Check out our full press release here:
EARTH AI转发了
EARTH AI (YC S19) has raised $20 million in Series B funding to scale mineral exploration. An International Energy Agency report?says,?"Clean energy technologies are set to become the fastest-growing segment of demand for most minerals." For example, demand for battery mineral lithium could jump 13x by 2040 as battery-powered vehicles, generators, and other systems continue to gain traction. To address this need, Earth AI has developed software to locate minerals and metals, and then drills to confirm the findings. With the industry’s most precise mineral detection technology, fundamental geology, and responsible drilling, Earth AI can move from detecting a prospect to drill testing in just three to six months. Founded in 2017 by?Roman Teslyuk, Earth AI is disrupting the mining industry through its AI-powered Mineral Targeting Platform (MTP), which is capable of rapidly identifying mineral resources in previously untapped areas at a fraction of the cost. Combined with proprietary mobile low-disturbance drilling technology (MLD), the company’s approach has achieved an industry-leading discovery success rate of 75% (compared to an estimated industry average of 0.5%) while reducing exploration costs by up to 80%. Congrats to the team on the round! https://lnkd.in/g7_nF9gY
We couldn't be more excited! This is our second discovery within the same project as well as our first ever gold discovery! We are building a diversified commodity portfolio, and we cant wait to map out the size and value of each of our discoveries in the coming year!
EARTH AI announced today (20 December) that it had discovered "economic grade gold" (1.14 gpt) at its Willow Glen project after 650m of drilling led to seven intercept samples of mineralised #gold. The find marks the company's fourth AI-powered discovery in the last two years and "the first to predict gold targeted by the AI system." "We are now entering a phase where our tech has proven an ability to identify highly prospective areas and discoveries, and the focus shifts to developing those projects," Earth AI founder and chief executive Roman Teslyuk told Mining Magazine. Read more: https://lnkd.in/gX59t5bi
Earth AI is thrilled to share the news of our largest?verified discovery, which could be one of the largest palladium mineral systems in?Australia if not the world! Together with partners Legacy Minerals (ASX: LGM) this is the first-ever greenfield nickel sulphide with palladium discovery using AI in New South Wales. ?Andrew Freedman of Axios broke the news -? https://lnkd.in/gv-H42Nb