As the global race for clean energy solutions intensifies, two prominent U.S. universities are uniting to promote a technology often overlooked in the electric vehicle revolution: hydrogen-fueled internal combustion engines (ICEs). The University of Michigan and the University of California, Riverside, have announced the establishment of the Hydrogen Engine Alliance of North America (H2EA-NA), a…
25 landmark R&D-heavy tech funding rounds of 2024
[Updated December 18, 2024 with new details on Databricks] In 2024, AI-focused startups continued to dominate the funding landscape with industry leaders like OpenAI ($6.6B), xAI ($6B), and Anthropic ($4B) leading the pack. Adding to this trend, MLflow and data lakehouse pioneer Databricks recently secured a $10 billion funding round that was primarily equity-based, at…