Tech Billionaires' Mining Startup Makes Congo-quests While China Watches
Key Points
- Bill Gates and Jeff Bezos are launching KoBold Metals, an AI...
Bill Gates and Jeff Bezos are apparently tired of just disrupting Earth from above - now they want to dig into it too! Their AI-powered mining venture KoBold Metals has set its sights on the mineral-rich Democratic Republic of the Congo (DRC), and they're bringing their checkbooks.
Mine Your Own Business
KoBold's "billions" investment announcement on April 27, 2025, isn't just another tech bros' adventure - it's a calculated move into the world's largest cobalt producer amid escalating U.S.-China trade tensions. China recently played the "rare earth card" by restricting exports, making this...
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