KoBold Metals

KoBold Metals is a startup that uses artificial intelligence (AI) to accelerate the discovery of new deposits of lithium, cobalt, copper, and nickel, all essential elements for clean energy technologies. The company operates in the mineral exploration industry, serving clients in the clean energy sector who require these minerals for their operations.

KoBold's business model revolves around investing over $60 million annually in more than 60 projects across three continents. The company leads the world's largest exploration research and development effort, using AI and innovative hardware to turn mineral exploration into a repeatable science.

KoBold's approach is unique in that it uses a proprietary AI tool that builds on a concept called Efficacy of Information (EOI). This concept helps the company determine which data to collect at each exploration step to reduce uncertainty and improve the efficiency of the exploration process.

The company also invests heavily in aggregating all available information about the Earth's crust's physics and chemistry. This comprehensive data aggregation, combined with their multidisciplinary approach, is transforming mineral exploration into a more predictable and scientific process.

In terms of revenue, KoBold makes money by discovering and selling mineral deposits to clean energy companies. The company's ability to locate these deposits more efficiently and accurately than traditional methods gives it a competitive edge in the market.

Keywords: Artificial Intelligence, Mineral Exploration, Clean Energy, Lithium, Cobalt, Copper, Nickel, Efficacy of Information, Data Aggregation, Multidisciplinary Approach.