Microsoft just bought a 10 month old START UP FO 2 BILLION DOLLARS ! Coretecs silicon anode battery project is a bit more than a year old and now Coretec shareholders patiently await this corporate development news . It may not be a buyout since Coretec is looking to license their silicon anode Ramez referred to as a portable technology that can be " dropped in " to existing batteries which is way cool , but I think Coretec has some really goods news for shareholders as the company has been in the partnership search phase of business for a fews months now according to a previous news release.
Microsoft on Monday announced a new partnership with French start-up Mistral AI – Europe’s answer to ChatGPT maker OpenAI — as the U.S. tech giant seeks to expand its footprint in the fast-evolving artificial intelligence industry.
Microsoft said in a statement that it was investing in the 2 billion euro ($2.1 billion), 10-month-old business to help it unlock “new commercial opportunities” and expand to global markets. A Microsoft spokesperson confirmed Tuesday that it was investing 15 million euros, which would convert into equity in Mistral’s next funding round.
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