Comstock to Add AI Materials to Its Portfolio With GenMat Buyout [Yahoo! Finance]
Carpenter Technology Corporation (CRS)
Last carpenter technology corporation earnings: 4/30 08:00 am
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ir.cartech.com
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Source: Yahoo! Finance
LODE announced that it acquired substantially all of Quantum Generative Materials LLC's (“GenMat”) equity, including its artificial intelligence material discovery platform, material synthesis and related assets. Adding AI will help Comstock achieve its goal of decarbonizing energy and creating shareholder value through breakthrough solutions for efficient energy production, distribution, storage and use. Comstock's Strategic Deal With GenMat As a result of the transaction, Comstock will own substantially all of GenMat's issued and outstanding equity, as well as continue to develop and commercialize its breakthrough physics-based artificial intelligence products and services for discovering materials and other technologies, primarily for decarbonizing energy. GenMat's AI works similarly to OpenAI's ChatGPT, producing atoms, molecules and physical systems for materials applications by leveraging the collective knowledge of physics and chemistry. This method has made significant a
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CRS
Earnings
- 10/24/24 - Beat
CRS
Sec Filings
- 11/21/24 - Form 4
- 11/21/24 - Form 4
- 11/21/24 - Form 4
- CRS's page on the SEC website