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Elon Musk Foundation Awards $50M Prize
🎙️ Voice is AI-generated. Inconsistencies may occur.
Elon Musk’s foundation awarded its $50 million grand prize in a competition for the best technology to capture and remove carbon from the atmosphere to Mati Carbon, an Indian company that developed a solution using crushed rocks.
Mati Carbon was among more than 1,300 teams from 88 countries that participated in the four-year XPRIZE Carbon Removal competition, launched in 2021 to encourage the deployment of carbon-removal technologies.
This is a developing story and more information will be added soon.
This article includes reporting by The Associated Press.