Photo: David Santaolalla/EyeEm via Getty Images

Quartz reports Tuesday that a California startup called Kobold, which has developed advanced methods to chase down supplies of cobalt, has won backing from the Bill Gates' Breakthrough Energy Ventures and the VC powerhouse Andreessen Horowitz.

Why it matters: Cobalt is a critical component in batteries needed for smartphones and the growth of EVs, so demand is growing.

The impact: The majority of the world's supply comes from the Democratic Republic of Congo, where mining is associated with human rights and environmental problems.

The intrigue: Per Quartz, Kobold employs experts in fields ranging from quantum computing to economic geology and says it can bring advanced digital tech to bear on finding supplies outside the DRC.

  • "Kobold's bet is that it can sniff out new cobalt reserves by deploying machine learning and other AI techniques to large sets of geological, physical, and chemical data," Akshat Rathi reports.

Go deeper: The Congo's chaotic election throws the future of cobalt in doubt

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Supreme Court won't block Rhode Island's eased absentee voting rules

Photo: Robert Nickelsberg/Getty Images

The Supreme Court said Thursday that it will not block Rhode Island's move to ease its requirements for absentee voting during November's election.

Why it matters: The decision is a loss for Republicans, who had requested an emergency order as the state is expected to begin mailing out its ballots.

Breaking down Uber and Lyft's threat to suspend services in California

Illustration: Lazaro Gamio/Axios

Uber and Lyft are ratcheting up the fight with California’s state government over the classification of drivers with a move that would deprive Californians of their ride-hailing services (and halt driver income).

Driving the news: On Wednesday, both companies said that if a court doesn’t overturn or further pause a new ruling forcing them to reclassify California drivers as employees, they’ll suspend their services in the state until November’s election, when voters could potentially exempt them by passing a ballot measure.

Trump announces normalization of ties between Israel and UAE

Israel Prime Minister Netanyahu, Trump and UAE Crown Prince Mohammed bin Zayed. Photo: Artur Widak/NurPhoto; Samuel Corum; Odd Andersen/AFP via Getty Images

President Trump announced a "historic" deal Thursday which will see Israel and the UAE open full diplomatic relations and Israel suspend its annexation plans in the West Bank.

Why it matters: This is a major breakthrough for Israel, which lacks diplomatic recognition in many Middle Eastern countries but has been steadily improving relations in the Gulf, largely due to mutual antipathy toward Iran.