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New approach to ‘cosmic magnet’ manufacturing could reduce reliance on rare earths in low-carbon technologies

University of Cambridge, working with colleagues from Austria, found a new way to make a possible replacement for rare-earth magnets: tetrataenite, a ‘cosmic magnet’ that takes millions of years to develop naturally in meteorites.

Previous attempts to make tetrataenite in the laboratory have relied on impractical, extreme methods. But the addition of a common element — phosphorus — could mean that it’s possible to make tetrataenite artificially and at scale, without any specialised treatment or expensive techniques.

The results are reported in the journal Advanced Science. A patent application on the technology has been filed by Cambridge Enterprise, the University’s commercialisation arm, and the Austrian Academy of Sciences.


Researchers have discovered a potential new method for making the high-performance magnets used in wind turbines and electric cars without the need for rare earth elements, which are almost exclusively sourced in China.

Generative AI Unlocking Floodgates to Solve Data Scarcity

The concept of synthetic data is almost too good to be true – it can mimic the distinctive properties of a dataset while dodging a number of issues that afflict data. There are zero data privacy concerns around synthetic data since it is artificially generated and isn’t related to real-world persons. It can be manufactured on demand and in the volumes required. In other words, synthetic data is a boon in a world eternally thirsty for data.

And the hectic space of generative AI is offering a helping hand in the easy generation of synthetic data.

The concept of synthetic data has been around for decades until the autonomous vehicle (AV) industry started using it commercially in the mid-2010s. But for how important an issue it resolves, creating synthetic data brings a myriad of complications along with it.

Musk donated around $1.95 billion in Tesla shares last year

Feb 14 (Reuters) — Tesla chief executive Elon Musk donated shares worth $1.95 billion in the world’s most valuable automaker to charity last year, a filing with the U.S. Securities and Exchange Commission (SEC) showed on Tuesday.

Musk donated about 11.6 million shares between August and December last year, according to the filing, which did not say which organization or organizations were the recipients.

The world’s second-richest person now owns around 13% of Tesla.

Traders lost $7.6 billion betting against Tesla over the past month as stock surged

The losses for short-sellers betting against Elon Musk’s electric vehicle company have ballooned to $7.6 billion over the past month, making it the least profitable short position for hedge funds, according to data from S3 Partners.

The swift one-month surge in Tesla stock has wiped out about half of the gains short-sellers made last year betting against the company. At the end of December, short-sellers had made a $15 billion profit in 2022, making Tesla the most profitable short of the year.

Shares of Tesla have been on a rollercoaster following vehicle price cuts and a weaker-than-expected fourth-quarter delivery number. But on the company’s most recent earnings call, Musk reaffirmed the company’s long-term growth target of 50%.

EPA says contaminated soil was covered to rebuild rail line

EAST PALESTINE, Ohio (WKBN) – The U.S. Environmental Protection Agency sent a letter to Norfolk Southern claiming it failed to properly dispose of contaminated soil after the train derailment in East Palestine.

According to the letter, “Five railcar tankers of vinyl chloride were intentionally breached; the vinyl chloride was diverted to an excavated trench and then burned off. Areas of contaminated soil and free liquids were observed and potentially covered and/or filled during reconstruction of the rail line including portions of the trench /burn pit that was used for the open burn off of vinyl chloride.”

Electric buses are driving a silent revolution in Nairobi

Electric buses could help solve the problem. Today Bhattacharya is the CEO and co-founder of BasiGo, a mobility startup racing to electrify the city’s buses. The company is not alone. Swedish-Kenyan electric vehicle manufacturer Roam also has its eyes set on Nairobi’s mass transport sector. Both are rolling out fleets of buses this year that could mark the start of a new chapter for city’s famous matatu culture.


During the early days of the coronavirus pandemic in Nairobi, Kenya, something improbable happened: a mountain appeared. To curb the transmission of the virus, authorities called on the city’s thousands of private bus operators to cease trading. “Within three days, the air completely cleared,” recalls entrepreneur Jit Bhattacharya. “You could see Mount Kenya … crystal clear,” some 90 miles away.

Bhattacharya also saw an opportunity. Kenya produces 90% of its electricity from renewable sources – mostly geothermal and hydropower – and has surplus grid capacity, yet it imports nearly all its petroleum fuels. What if clean energy could be channeled into the transport sector? Maybe it could help the city clean up its act. Maybe Mount Kenya could become a permanent feature for Nairobi once more.

The Kenyan capital is home to over five million people, and matatus, privately owned minibuses and shared taxis, “are critical to the way people in Nairobi get around,” explains Christopher Kost, Africa program director at the Institute for Transportation and Development Policy. “In the city, we have 40% of trips on public transport.”

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