Li-Cycle Announces Launch of Proposed Underwritten Public Offering By Investing.com

TORONTO–(BUSINESS WIRE)–Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), a leading global lithium-ion battery resource recovery company, today announced that it has commenced an underwritten public offering in the United States (the Offering) to offer and sell units consisting of (i) common shares (or pre-funded warrants in lieu thereof) and (ii) warrants to purchase … Read more

Intel spins off its corporate venture arm, Intel Capital, into a standalone fund

Intel says that it plans to spin off its corporate venture arm, Intel Capital, into a standalone fund, with Intel as an “anchor investor.” In a press release on Tuesday, Intel said that the move will “[enable] greater autonomy” and “the flexibility to attract external capital.” Intel expects Intel Capital to begin operating independently in … Read more

Biden to lift Cuba’s designation as a state sponsor of terror

U.S. President Joe Biden intends to lift Cuba’s designation as a state sponsor of terrorism, the White House announced Tuesday, as part of a deal facilitated by the Catholic Church to free political prisoners on the island. Senior U.S. administration officials, who previewed the announcement on the condition of anonymity, said “many dozens” of political … Read more

Hallucinations in AI: How GSK is addressing a critical problem in drug development

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More Generative AI has become a key piece of infrastructure in many industries, and healthcare is no exception. Yet, as organizations like GSK push the boundaries of what generative AI can achieve, they face significant challenges — … Read more