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In the wave of integration between mining and technology, KoBold Metals, a startup, has recently attracted significant attention within the industry. The company successfully raised $491 million, aiming to complete a total financing round of $527 million. This funding will greatly enhance the development of their giant high-grade copper mine discovered in Zambia, while also accelerating the progress of the company's other exploration projects. Image source note: Image generated by AI, image licensed from service provider Midjourney as per KoBold Meta.

Silicon Valley unicorn Cobalt Metals has discovered giant copper reserves at the Mingoba project in Zambia using AI technology. Copper is a very important metal with a wide range of applications for humanity. Cobalt Metals was founded with investments from billionaires like Bill Gates and plans to use AI technology to locate various metal minerals. The company claims to have found a world-class copper mine in Zambia using AI technology. Critics have pointed out that the company has not disclosed specific details about the application of AI technology, while stating that the Mingoba copper mine was already discovered. The chief scientist of Cobalt Metals has previously published on the use of AI in mineral exploration.

Microsoft has launched two self-developed AI chips: Maia 100 and CobAlt, which will be manufactured by TSMC using 5nm process technology. They are expected to be deployed in Microsoft's Azure data centers next year to enhance the energy efficiency of generative AI products and reduce costs, as Microsoft aims to gain an advantage in the AI and cloud computing fields.