<div>
  <ul>
    <li>
      <p>
        Skytree, a Netherlands-based developer of decentralized direct air capture (DAC) systems for Controlled Environment Agriculture (CEA), has launched its first commercial modular DAC unit called Skytree Cumulus. It aims to support indoor farmers and greenhouse growers to source CO2 sustainably.
      </p>
    </li>
    <li>
      <p>
        Skytree Cumulus is designed to capture CO2 from the atmosphere, filter it, and store it in pressurized buffer tanks. The modular unit is capable of delivering up to 10 kg of CO2 per day and can be scaled to suit the size of the indoor farm. The product is available for ordering with shipping starting from early 2024.
      </p>
    </li>
    <li>
      <p>
        In the pipeline for 2024, Skytree aims to introduce a larger DAC unit capable of generating up to 400 kg of CO2 per day, intended for building materials and hard-to-abate industrial businesses.
      </p>
    </li>
  </ul>
  <p>
  </p>
</div>


<div>
  <p>
    <a href="https://www.prweb.com/releases/skytree-launches-first-direct-air-capture-unit-for-onsite-co2-generation-301927678.html">
      Press release
    </a>
  </p>
  <p>
  </p>
</div>


Carbon Capture, Utilization & Storage (CCUS)

Netherlands-based company Skytree has unveiled its first commercial modular direct air capture (DAC) unit called Skytree Cumulus. The unit is designed to capture CO2 from the atmosphere and store it in tanks, providing a sustainable source of CO2 for indoor farmers and greenhouse growers. The modular unit can produce up to 10 kg of CO2 per day and can be scaled to fit different farm sizes. Shipping will begin in early 2024, and the company plans to introduce a larger DAC unit in 2024 capable of producing up to 400 kg of CO2 per day for industrial purposes.

Skytree launches first decentralized DAC unit for Controlled Environment Agriculture

Empowering Tomorrow's Innovations with Generative AI Infrastructure

Generative AI Infrastructure

ANALYST_QUICK_TAKE

PROMINENT_CATEGORY

<div>
 <p>Exabits, a compute-based layer platform, has integrated 4,000 NVIDIA H200 GPUs into its network, expanding its operations across the US and Europe. The company, valued at USD 150 million and with USD 10 million in annual recurring revenue, aims to transform GPU clusters into investment assets.</p>
 <p>The new GPU infrastructure features a unique Trusted Execution Environment (TEE) and a 3.2 trillion InfiniBand architecture. This advanced system ensures secure and verifiable AI computations while maintaining data integrity and confidentiality. It is particularly designed for sectors dealing with sensitive data such as healthcare and financial transactions.</p>
 <p>With this integration, Exabits positions itself as the only player in the crypto space with in-house capabilities to manage and scale a 4,000 GPU H200 architecture. The system is built with a focus on serving demanding enterprise clients from autonomous driving, healthcare, and financial modeling sectors. It also aims to support innovations in DeSci and AI agent communities.</p>

</div> <p><b>Analyst QuickTake:<br>
 </b> Other notable initiatives to scale GPU capacity for LLM training include CoreWeave's <a href="https:<br>
//sp-edge.com/updates/37006"> partnership </a> with Cohere to build a multi-billion-dollar AI data center in Canada and xAI's planned <a href="https:<br>
//sp-edge.com/updates/37005"> expansion </a> of Colossus supercomputer in Memphis. Meanwhile, companies also raised funding to expand data center capacity for GenAI workloads (Nebius AI <a href="https:<br>
//sp-edge.com/updates/36720"> raised </a> USD 700 million, Crusoe <a href="https:<br>
//sp-edge.com/updates/37588"> raised </a> USD 600 million, and Nscale <a href="https:<br>
//sp-edge.com/updates/37002"> raised </a> USD 155 million).</p>

Exabits integrates NVIDIA H200 GPUs for AI computations

Using online platforms, autonomy, electric and fuel-cell tech solutions to shape the future of trucking.

Truck Industry Tech

INCUMBENTS_PRESENT

<div>
 <p>Torc Robotics and Aeva have enhanced their collaboration to further the development of autonomous trucks. Torc Robotics, a subsidiary of Daimler Truck specializing in self-driving technology, and Aeva, a company focused on sensing and perception systems, are combining their expertise in this venture.</p>
 <p>The expanded partnership calls for data sharing from 4D LiDAR sensing and utilization of a Freightliner Cascadia vehicle platform for long-range sensing applications. This progress builds on a previous agreement where Daimler Truck chose Aeva to supply its long and ultra-long-range LiDAR for autonomous commercial vehicles. The goal is to commercialize these autonomous vehicles by 2027.</p>
 
</div>

Torc and Aeva expand partnership to advance autonomous truck development

Conservation Tech

<div>
 
 <p>Agricultural supply chain SaaS startup based in Finland, Orijin, has received seed funding from Brainforest and Gorilla Capital, of an undisclosed sum. </p>
 <p>According to the company, this financing will be allocated towards technology advancement, global expansion, and providing sustainable solutions for smallholder farmers and agribusinesses. </p>
 <p>Orijin's platform offers features such as deforestation monitoring and real-time product origin verification, specifically for coffee and cocoa supply chains. These services ensure alignement with the EU Deforestation Regulation. </p>
 
</div>

Orijin raises seed funding for product development and expansion

Sustainably solving the food shortages of the future

Smart Farming

<div>
 
 <p>Orijin, an agricultural supply chain SaaS startup based in Finland, has received seed funding from Brainforest and Gorilla Capital. The amount of funding remains undisclosed.</p>
 <p>This financing will be directed towards technological enhancement, global expansion, and providing sustainable solutions to smallholder farmers and agribusinesses.</p>
 <p>Orijin's platform offers features such as deforestation monitoring and product origin verification in real-time for coffee and cocoa supply chains. This ensures compliance with the EU Deforestation Regulation.</p>
 
</div>

Foundation Models

<div>
 
 <p>AI search engine Perplexity AI has started using OpenAI's o1 model in its Pro subscription tier.</p>
 <p>The o1 model is designed for reasoning tasks like solving puzzles, coding, and complex mathematical problems. The platform also supports other models such as GPT-4o and Claude 3 Sonnet/Opus.</p>
 <p>Perplexity is working on new homepage widgets to combine information from its Discover feed, weather updates, and stock prices. These widgets are part of their plan to build an AI-powered homepage for the internet, offering users a central hub for personalized information.</p>
 
</div>

Perplexity adds OpenAI o1 model and develops homepage widgets

<div>
 <p>Nikola, a manufacturer of electric and hydrogen trucks, has joined forces with WattEV, a company offering heavy-duty truck charging and electric Trucks-as-a-Service (TaaS). The collaboration involves the sale of 22 fully battery electric trucks.</p>
 <p>The transaction was made possible through Nikola's dealer Next Generation Trucks, following WattEV's prior purchase of 14 electric vehicles in 2023. This collaboration is set to help Nikola achieve its yearly delivery target of 300-350 trucks.</p>
 
</div> <p><b>Analyst QuickTake:<br>
 </b> Nikola’s other BEV customers include <a href="https:<br>
//sp-edge.com/updates/11001"> Walmart </a> <a href="https:<br>
//sp-edge.com/updates/14210"> , </a> <a href="https:<br>
//sp-edge.com/updates/20702"> J.B. Hunt, </a> and <a href="https:<br>
//sp-edge.com/updates/17991"> Alberta Motor Transport Association </a> .</p>

Nikola partners with WattEV to supply 22 BEVs

AI, robotics, and IoT to streamline the flow of goods and information

Logistics Tech

<div>
 <p>Data capture and digital solutions provider, Zebra Technologies, is set to acquire Photoneo, a company specialized in robotic vision sensors and intelligence software. The financial details of the acquisition have yet to be disclosed.</p>
 <p>Photoneo strengths lie in their 3D vision and AI robotics systems, which are certified to integrate seamlessly with major robotic manufacturers globally, particularly in robot-arm applications.</p>
 <p>Post-acquisition, Photoneo Brightpick Group will continue operations under a new name, Brightpick, with primary focus on warehouse robots. The acquisition deal is scheduled for completion in the first quarter of 2025.</p>
 
</div>

Zebra Technologies to acquire Photoneo from Photoneo Brightpick Group for undisclosed sum

The toolkit to build machine learning applications at scale

Machine Learning Infrastructure

<div>
 <p>Scope Technologies, a company specialising in quantum security and machine learning, has announced a private placement increase to CAD 1.8 million (~USD 1.3 million), offering 1,285,714 units at CAD 1.40 (~USD 1) per unit. </p>
 <p>The funds will be utilised to expand the company’s team and support its general operations. </p>
 <p>Scope Technologies provides two products, GEM and QSE. GEM is an AI-powered visual recognition platform designed specifically for businesses. It boasts custom neural networks that are tailored for tasks like image detection and behavioural analysis. On the other hand, QSE is a product that focuses on data security. It uses quantum-proof encryption with an entropy-based key generation to effectively protect against both current and future security threats. In addition, it features decentralized cloud storage for immutable and secure data protection, safeguarding against ransomware attacks.</p>
 
</div>

Scope Technologies increases private placement offering to CAD 1.8 million

<div>
 <p>Cloud-native platform Unstruk Data's subsidiary, Graphlit, has launched the Graphlit Agent Tools Library on GitHub. The new toolkit expands the capabilities of Graphlit's RAG-as-a-service platform, aiding developers in creating AI agents for data management and LLM workflows.</p>
 <p>The library offers multifaceted features such as multi-agent orchestration through CrewAI integration and data connectivity with various platforms such as Google Drive, OneDrive, Dropbox, SharePoint, etc. Additionally, it provides RAG tools for PDF OCR, content chunking, and is compatible with multiple LLMs. The library extends support for multimodal data including text, audio, video, and images and also incorporates Azure-native security facets encompassing encryption and compliance readiness.</p>
 <p>According to the company, the toolkit enables fast insights from diverse data sources and furnished customizable workflows for competitor analysis and customer service. Future plans include the incorporation of new features such as user memories and enhanced agent authentication set to be launched in early 2025.</p>
 <p>Graphlit is a cloud-based platform engineered to facilitate developers in creating AI applications that primarily focus on extracting knowledge. It utilizes LLMs and multimodal AI to process multimedia content and to detect relationships among people, firms, regions, and themes in unstructured data.</p> 
</div>

Graphlit launches Agent Tools Library for AI data processing

Artificial intelligence is identifying and testing new therapies faster than ever.

AI Drug Discovery

<div>
 <p>Firefly Neuroscience, a company specializing in AI-powered brain health solutions, has successfully secured USD 12.4 million in growth funding. This consists of USD 2.4 million in convertible notes at USD 3.00 per share and a USD 10 million equity line of credit.</p>
 <p>These funds will be used for various purposes such as growth initiatives, commercialization of the FDA-510(k) cleared Brain Network Analytics (BNA) technology, and general working capital.</p>
 <p>The company dedicates itself to providing neuroscientific solutions that improve outcomes for patients suffering from mental illnesses and neurological disorders. They have developed the BNA™ software platform, which employs AI for the analysis of brain waves, thereby facilitating early detection of neurological deviations. It features a proprietary database with standardized, high-definition longitudinal EEGs obtained from over 17,000 patients, covering 12 disorders and clinically normal patients.</p>
</div>

All updates

Skytree launches first decentralized DAC unit for Controlled Environment Agriculture

Exabits integrates NVIDIA H200 GPUs for AI computations

Torc and Aeva expand partnership to advance autonomous truck development

Orijin raises seed funding for product development and expansion

Orijin raises seed funding for product development and expansion

Perplexity adds OpenAI o1 model and develops homepage widgets

Nikola partners with WattEV to supply 22 BEVs

Zebra Technologies to acquire Photoneo from Photoneo Brightpick Group for undisclosed sum

Scope Technologies increases private placement offering to CAD 1.8 million

Graphlit launches Agent Tools Library for AI data processing

Firefly Neuroscience raises USD 12.4 million in growth funding to commercialize technology

Carbon Capture, Utilization & Storage (CCUS)

Skytree launches first decentralized DAC unit for Controlled Environment Agriculture

Contact us