“After a year of mining in Zambia AI-backed mining unicorn KoBold has struck metaphorical gold—or in this case, copper.

The California start-up hit the unicorn status last summer with the Wall Street Journal reporting it had achieved a $1 billion valuation courtesy of a $200 million investment round to fund its dig for copper and lithium.

The business, lead by CEO Kurt House, caught the attention—and investment—of names including Bill Gates and Jeff Bezos as it uses AI to find new deposits of copper, lithium, nickel and cobalt to be used as battery metal among other purposes…

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