Today's announcement nearly doubles the group's pledged contracting with companies trying to commercialize carbon-removal technologies.
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Frontier, the group of big companies trying to jump-start carbon removal, just unveiled $915 million in new purchase plans and added AI heavyweight Anthropic to its roster.
Why it matters: New or accelerated ways of pulling CO2 from the atmosphere could become a weapon against global warming — but massive scale-up is required to move the needle.
Big Tech-backed coalition for carbon removal increases funding by $915 million, adds Anthropic - The Economic Times
Big Tech-backed coalition for carbon removal increases funding by $915 million, adds Anthropic
Frontier coalition raises $915M more for carbon removal, adds Anthropic to its roster
We’re expanding our support for breakthrough carbon removal technologies.
A major coalition is injecting an additional 915 million dollars into carbon removal technology. This significant funding boost…
(Removes Salesforce, which is not a new participant but an existing member of the coalition, from paragraph 1)By Susanna…
Frontier's carbon removal coalition adds $915M in new funding and welcomes Anthropic, bringing total commitments to $1.8B as tech…
By renewing our support for Frontier, we are advancing a portfolio that tackles emissions at every timescale.
Anthropic said its latest agreement with Google expands on a longstanding partnership between the two companies.
Anthropic has raised $65 billion, valuing the AI lab at $965 billion.
