Google is backing a Tesla founder’s push to power AI data centers



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Redwood Materials, a battery-recycling company launched by Tesla co-founder J.B. Straubel, has secured a new high-profile investor as it seeks to meet the growing demand for energy.

The Carson City, Nevada-based company on Wednesday said it has

completed its Series E funding round, which is now valued at $425 million after participation from Alphabet-owned Google GOOGL and other backers.


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