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Self-driving startup Aurora will raise $2 billion in SPAC merger

The Verge

The deal will give Aurora about $2 billion in new cash when it closes, which will help the startup in its quest to become a provider of self-driving hardware and software to companies in the trucking and ride-hailing industries. Aurora expects to lose money until at least 2027, which is why the SPAC merger is crucial.

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Fusion fever: A reality check on the multibillion-dollar race to reinvent energy and save the planet

GeekWire

The accomplishment at last proved the theory that fusion on Earth could produce net energy. The deal has Avalanche providing a demonstration of its technology in 2027, but that depends on the federal program receiving funding to go from studies into building hardware. Upcoming targets: Technology demonstration in 2027.

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