Hooxi Partners seeks to turn emissions cuts into revenue
Cutting greenhouse gas emissions does not automatically generate revenue. Companies must first measure and verify the reductions, then have them recognized as carbon credits before they can sell them. For smaller businesses with limited staff and capital, navigating those steps can be difficult. Hooxi Partners, a climate fintech company, was founded to help close that gap. Before establishing it in 2021, CEO Lee Haeng-youl saw an opportunity in the environmental, social and governance (ESG) market as environmental gains were difficult to measure, and businesses had few ways to turn them into financial value. He believed reliable emissions data could provide the basis for tradable carbon credits. “For carbon reduction to be sustainable, those making the cuts must receive an economic reward. Telling companies to do it because it is the right thing will not work for long,” Lee said in a recent interview with The Korea Times. That idea is reflected in the company’s slogan, “We make money from carbon credits.” Since founding the company, Lee has sought to change how businesses view
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The cross-border due diligence questions most founders cannot answer
A founder pitched me earlier this year on his semiconductor company. The deck was clean. The market was real. The technology was genuinely differentiated. The Singapore entity was properly incorporated, the cap table looked orderly, and the revenue was growing. Then I asked him three questions. Where does your intellectual property legally sit? Who owns […] The post The cross-border due diligence questions most founders cannot answer appeared first on e27.
Trump, GOP leaders look to reclaim control over AI narrative
President Trump and Republicans are seeking to reclaim control of the narrative surrounding artificial intelligence as Democrats use the issue to go on offense ahead of the midterms. Numerous tech leaders joined Trump and Speaker Mike Johnson (R-La.) at a Tuesday luncheon on “super intelligence” — the president’s new term for AI — where they...
5 things to know about Trump's new AI website
President Trump launched America.gov on Tuesday, a website that uses artificial intelligence to help Americans find information across government websites with a single search. Trump said the website has been in the works since the early days of his second term and that it’s still a work in progress. The website's unveiling took place at...
AI firms sign 'morally binding' self-policing pledge in White House meeting
Key AI industry leaders signed onto a pledge Tuesday to self-police development, President Trump and Speaker Mike Johnson (R-La.) announced following a meeting at the White House. The agreement, called "The White House Accord on Superintelligence Joint Commitment on Frontier SI Responsibilities,” lays out a series of voluntary commitments for AI developers, Johnson explained. Trump...
What would Jon Husted's data center bill actually do?
Sen. Jon Husted’s (R-Ohio) Ratepayer Protection Act aims to mitigate high electricity costs associated with data centers, but even if it passes, it’s not clear if the bill would have any impact. The legislation, which easily cleared the House 417-3, requires states and some electric utilities to consider a standard under which data centers would...
Trump to sign order renaming AI as 'superintelligence'
President Trump plans to sign an order Tuesday officially renaming AI as “superintelligence.” “We're going to be signing a document today at about 5 o'clock, renaming artificial intelligence because it's not artificial,” Trump said in public remarks, after hosting a luncheon with top technology executives at the White House. “We all agree on that, and...
Rubio: New US site lets Americans apply online for passport
President Trump’s new artificial intelligence website allows for Americans to apply for passports online, Secretary of State Marco Rubio said Tuesday. During a presentation announcing America.gov on Tuesday, Rubio derided the previous process of applying for and receiving a passport. “I think you would agree that American citizens deserve better than this, and that's why...
Cruz blocks push by Democrats to unanimously pass AI safety bill
Sen. Ted Cruz (R-Texas) blocked an effort by Democrats on Tuesday to pass legislation creating an AI safety panel tasked with evaluating and creating enforceable standards for frontier models. Cruz, who chairs the Senate Commerce Committee, objected to an attempt by Sens. Mark Warner (D-Va.), Brian Schatz (D-Hawaii) and Andy Kim (D-N.J.) to pass the...
Ugreen’s latest chargers maxes out iPhone 18 Pro series’ 25W wireless charging
Need fast wireless charging at a desk or on the go for your brand-new iPhone 18 Pro and Pro Max? Ugreen just launched three charging solutions for that.
Schumer slams data center bill as 'ineffectual participation trophy'
Senate Minority Leader Chuck Schumer (D-N.Y.) on Tuesday slammed a bill that would force states to consider standards to mitigate data centers' power price impacts as an "ineffectual participation trophy." His comments signal that Democrats could try to block the bill, which the Senate is expected to take up this week. "Americans are demanding real...
Trump launches America.gov, AI-powered government services hub
President Trump launched a website Tuesday that uses artificial intelligence to help Americans navigate the federal government and find information and services. Trump touted the website, America.gov, during an event at the Andrew W. Mellon Auditorium in Washington. He thanked Joe Gebbia, the Airbnb co-founder who now leads the National Design Studio and serves as...
New Mexico venture studio unveils quantum lab to boost US tech edge
The investment and incubation firm Roadrunner Venture Studios will unveil a new quantum lab Tuesday in Albuquerque as New Mexico looks to bolster the U.S.’s position in the global race for quantum computing. The Roadrunner Quantum Lab will open as part of the state's $450 million commitment to quantum development. Those behind the project say...
