Bloomberg Technology
Battery Startup Redwood Materials Tops $6 Billion Valuation
Battery recycling startup Redwood Materials raises $350 million, pushing its valuation past $6 billion, according to sources. JB Straubel, CEO of Redwood Materials, joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and…
Bloomberg Technology
Odd Lots: Maybe AI Won’t Kill Us All — Just Some of Us
Big Tech has been sounding alarms about the risk of AI causing human extinction but there are also skeptics who dismiss the notion, like former US Federal Trade Commissioner Alvaro Bedoya, who referenced the Black Death to dismiss warnings of existential risks. On this episode of the Odd Lots podcast recorded live at the Vermont…
Bloomberg Technology
James Manyika on AI Regulation
“I don’t think it should be left to any one company.” Google SVP James Manyika says a “collective effort” is needed to ensure AI safety. ——– Like this video? Subscribe to Bloomberg Tech on YouTube: Watch the latest full episodes of “Bloomberg Tech” with Ed Ludlow here: Get the latest in tech from…
Bloomberg Technology
Billions Pour Into OpenAI, DeepSeek Ahead of IPOs
Bloomberg’s Ed Ludlow breaks down OpenAI’s talks with multiple investors to raise at least $30 billion at a valuation of about $1.4 trillion. Plus, DeepSeek is also close to securing at least $12 billion in funding ahead of its own IPO next year, and JPMorganChase CEO Jamie Dimon weighs in on data centers and AI…
Odd Lots: Maybe AI Won’t Kill Us All — Just Some of Us
James Manyika on AI Regulation
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@TheGamblerGomez4097
October 23, 2025 at 5:17 pm
Does anyone know if Redwood Materials will buid a recycling facility in South Carolina?
@witness1013
October 23, 2025 at 5:34 pm
no – they will not
@witness1013
October 23, 2025 at 5:34 pm
Love these guys
@norn7364
October 23, 2025 at 7:19 pm
Too bad venture capitalists (rich people) don’t understand that complicated endeavors like battery startups aren’t possible in America because the supply chain does not exist. It works in China because you can find 10 factories within a 30km radius making the exact part you need. Until then, these entrepreneurs know that there will be unlimited free money that they can siphon from rich folks into their own salary and job that they created.
@TeslaSpaceX
October 23, 2025 at 8:45 pm
Neither are car startups. right?
Let me introduce you to JB Straubel, Co-founder of small American car manufacturer.
They make their own batteries too, so complex…I know.
@Companiesinnovating
October 23, 2025 at 8:44 pm
One of the big points to pick up that was alluded to but not directly spoken about is that many batteries that Redwood receives are not ready to be recycled. They still have life in the batteries, hence why JB created this second revenue stream.