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The Voltpost team.

Photo courtesy Voltpost and Google.

Thursday marked the third Demo Day for the Google for Startups Accelerator: Climate Change program, where startups in the program presented the status of their startup, capping off 10 weeks of programming and mentorship from Google’s robust network of in-house experts, training, and credits to use Google technology.

This year, the 12 companies mostly fell into three broad categories: Artificial intelligence, electric vehicle infrastructure, and providing companies with better data to decarbonize their operations. There are a couple exceptions: For example, Sesame Solar is decarbonizing disaster response, and Bodhi is improving the customer experience for home solar installations.

Google’s startup accelerator programs are all focused on using artificial intelligence, and some have industry themes like gaming or the cloud economy, particular geographies like India or Brazil, or underrepresented founders like Black founders or Latino founders. All the programs are equity free, meaning Google does not take a stake in the companies for participating, and so far 1,100 startups have participated since the programs launched in 2016.

For this latest cohort, all of the participants had to be somewhere between their seed and series A rounds of investment, already generating revenue or with an established user base, with five employees or more, and with the potential to benefit from Google’s Cloud, artificial intelligence and machine learning capabilities.

Soupid Roy Chowdhury, founder of Eugenie AI

Photo courtesy Eugenie AI and Google

Matt Ridenour, Head of Startup Ecosystem at Google in the U.S., told CNBC he derives a sense of meaning in supporting climate change startups.

“I care about climate tech for many reasons, but most personally, having three young children, I often think about the world that they are inheriting. When I read the headlines about the dangers of the climate crisis, I feel a personal obligation to be a part of supporting innovative climate solutions to scale,” Ridenour told CNBC. “This is one of the greatest gifts I believe I can offer to my children and future generations.”

The programs are also good for Google business because they get early stage companies using the company’s technology, giving it an early edge over competitors like Amazon, Microsoft and Apple.

“Google sees value in supporting the best startups and founders around the world. As they work with our people, products and tools, we mutually benefit. And supporting early stage companies sparks further innovation in the ecosystem, providing further opportunities for developers to build their business on Google products — like Cloud and Android for example,” Ridenour told CNBC.

Google has hosted three climate change startup accelerators for North American companies in the last three years, and all 33 of the participants are all still operating, a spokesperson for Google told CNBC.

The Sesame Solar team.

Photo courtesy Sesame Solar and Google.

Using artificial intelligence to fight climate change

Alphabet-owned Google is itself in the midst of a company-wide push to focus on improving its product offerings with artificial intelligence. Many of the companies in the latest climate change accelerator employ AI and machine learning to help with various tasks such as agricultural soil monitoring, decarbonization of commercial buildings, and improving the process of recycling textiles.

“Teams are leaning deeper into developing AI and ML models to address climate change,” Ridenour told CNBC. “By partnering with emerging technologies like these, startups can have an outsized positive impact, developing solutions and innovations faster and more accurately than ever before.”

Agrology helps farmers adapt to climate change by providing field-level data on smoke, drought, irrigation optimization, microclimate weather forecasts from extreme weather, pest and disease outbreaks. Also, Agrology has a system to monitor the carbon content in soil to help farmers quantify carbon sequestration they achieve with regenerative farming practices and, if they are interested, participate in the carbon credit markets.

The Agrology team working on a farm.

Photo courtesy Agrology and Google.

During the Google accelerator, Agrology made its product more accurate.

“Through mentorship they received in the accelerator, Agrology was able to build a new, more efficient API that uses integrated Google Machine Learning products, increasing their training and testing dataset by over 400%, and reducing their error rate by 4x,” Ridenour told CNBC. “This will help them deliver more accurate data to farmers so they can grow better and more sustainably.”

Another startup within the cohort, Cambio, is using AI to help companies decarbonize large commercial buildings.

“Once companies have set their climate pledges, they find that data tracking and decarbonization across any real estate, whether it’s owned or occupied, is the hardest part of their sustainability journey. Implementation remains a blackbox,” Stephanie Grayson, a co-founder of Cambio, said on Thursday during the demo day.

Cambio provides a baseline carbon footprint for a building, and then uses AI based on previous building projects and recommendations from leading building scientists and data scientists to provide the customer with a path on how to get that building to net-zero. “The bottom line is we’re democratizing best in class building science across the industry at large,” Grayson said.

Leia de Guzman and Stephanie Grayson, co-founders of Cambio.

Photo courtesy Cambio and Google.

“During the accelerator, Cambio was able to connect with Google’s real estate team to get direct product feedback and discuss the topic of decarbonizing buildings,” Ridenour told CNBC. “Armed with Cambio’s ML models, managers can plot an entire real estate portfolio’s path to net zero, a near-term requirement for publicly-traded companies as part of the SEC’s latest carbon emissions transparency proposal.”

Another example is Refirberd, which is using spectroscopy and artificial intelligence to sort recycled textiles, remove buttons and zippers, and send processed textiles to the recycler that can best manage that particular batch of textiles.

Eugenie.AI uses artificial intelligence to help heavy manufacturers track their emissions, report that data for any relevant compliance standards and reduce those emissions with recommendations on how to solve a particular problem.

Refiberd co-founders, Sarika Bajaj and Tushita Gupta.

Photo courtesy Refiberd and Google.

Electric vehicle infrastructure

“As cars become more and more electrified, a variety of startups are tackling the massive EV industry opportunity in creative ways,” Ridenour told CNBC. Indeed, 14% of new cars sold in 2022 that were electric, up from 9% in 2021 and less than 5% in 2020, according to the International Energy Agency.

Batt Genie, one of the startups Google picked for its most recent climate change cohort, was spun out of Venkat Subramanian’s labs at the University of Washington and uses software to improve the function and efficiency of lithium ion batteries, which are used in consumer electronics, electric vehicles and grid storage battery applications.

The battery management system, or BMS, in a lithium ion battery monitors how much charge is left and regulates charging. Batt Genie’s software aims to makes the BMS system more efficient and productive. If a traditional electric vehicle battery lasts for about six years, the same battery can last for 12 years with Batt Genie’s improved BMS, CEO Manan Pathak said on Thursday.

The Electric Fish team.

Photo courtesy Electric Fish and Google.

Another startup within the cohort, ElectricFish Energy, is making an energy storage system that both charges electric vehicles quickly which have smart chargers that store cheap, clean power from the grid when it is available.

“The current state of electric grid is fundamentally broken,” Anurag Kamal, CEO ElectricFish, said on Thursday. “We are the only ones who understands that EV charging is incredibly connected to feeding energy back to the grid itself,” meaning that the ElectricFish device can serve as a source of backup power.

Another company working to improve EV infrastructure is Voltpost, which converts lampposts into electric vehicle chargers. Voltpost has partnered with the New York City Department of Transportation to pilot its lamp posts into EV chargers. And Voltpost is also conducting a pilot at the Detroit Smart Parking Lab in Michigan. During the accelerator, Voltpost connected with the Google Maps team to discuss whether electric vehicle charging locations could be added to Google Maps or Android Auto.

Decarbonization data and reporting

The third area of focus for the startups included in the climate change cohort was improving the data companies use to track their own emissions.

“As governments require more carbon emissions reporting, companies need better data to track their emissions. Startups are offering better analysis and tracking to help customers and consumers understand their emissions and gain actionable recommendations on how to operate more sustainably,” Ridenour told CNBC.

For example, Cleartrace provides auditable emissions data for companies.

“The issue is data around the electricity space, the energy space, and the environmental reporting space, is very hard to come by, very siloed, very error prone,” CEO Lincoln Payton said on Thursday. Before starting Cleartrace, Payton was the head of investment banking for BNP Paribas Americas. “I retired from that to address the biggest issue I saw, which is the quality data available in the transfer to the renewable energy world.”

The Cleartrace team.

Photo courtesy Cleartrace and Google.

Cleartrace is particularly focused on measurement techniques for Scope 3 emissions — emissions associated with a company’s entire supply chain or value chain, which can be fiendishly difficult to track. It’s also looking at helping companies certify how green their operations are, particularly for processes like direct air capture of CO2 emissions and hydrogen production.

Another data-focused company is Finch, which puts sustainability scores on products to help consumers make more climate-conscious shopping decisions. Finch has a browser extension that works on Amazon and Target websites and gives products a sustainability rating between zero and ten, then suggests a more sustainable alternative if applicable.

“For most of the population who believes in climate change and wants to do something about it, but doesn’t necessarily have more than seven minutes to research it online, this is a perfect solution,” Lizzie Horvitz, the founder and CEO of Finch said on Thursday.

Finch sells the data it gathers from consumer behavior to clients, including manufacturers and investors, Horvitz said.

“We are able to see who is buying what and why — that women, for instance, between the ages of 35 and 40 are twice as likely to buy aluminum-free deodorant as men of the same age and location,” said Horvitz.

This kind of data closes what Horvitz calls the “say and do gap,” meaning the difference between what consumers say they will do in a focus group, and what they actually do at checkout.

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Apple’s market share slides in China as iPhone shipments decline, analyst Kuo says

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Apple's market share slides in China as iPhone shipments decline, analyst Kuo says

Jaap Arriens | Nurphoto | Getty Images

Apple is losing market share in China due to declining iPhone shipments, supply chain analyst Ming-Chi Kuo wrote in a report on Friday. The stock slid 2.4%.

“Apple has adopted a cautious stance when discussing 2025 iPhone production plans with key suppliers,” Kuo, an analyst at TF Securities, wrote in the post. He added that despite the expected launch of the new iPhone SE 4, shipments are expected to decline 6% year over year for the first half of 2025.

Kuo expects Apple’s market share to continue to slide, as two of the coming iPhones are so thin that they likely will only support eSIM, which the Chinese market currently does not promote.

“These two models could face shipping momentum challenges unless their design is modified,” he wrote.

Kuo wrote that in December, overall smartphone shipments in China were flat from a year earlier, but iPhone shipments dropped 10% to 12%.

There is also “no evidence” that Apple Intelligence, the company’s on-device artificial intelligence offering, is driving hardware upgrades or services revenue, according to Kuo. He wrote that the feature “has not boosted iPhone replacement demand,” according to a supply chain survey he conducted, and added that in his view, the feature’s appeal “has significantly declined compared to cloud-based AI services, which have advanced rapidly in subsequent months.”

Apple’s estimated iPhone shipments total about 220 million units for 2024 and between about 220 million and 225 million for this year, Kuo wrote. That is “below the market consensus of 240 million or more,” he wrote.

Apple did not immediately respond to CNBC’s request for comment.

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Amazon to halt some of its DEI programs: Internal memo

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Amazon to halt some of its DEI programs: Internal memo

Amazon said it is halting some of its diversity and inclusion initiatives, joining a growing list of major corporations that have made similar moves in the face of increasing public and legal scrutiny.

In a Dec. 16 internal note to staffers that was obtained by CNBC, Candi Castleberry, Amazon’s VP of inclusive experiences and technology, said the company was in the process of “winding down outdated programs and materials” as part of a broader review of hundreds of initiatives.

“Rather than have individual groups build programs, we are focusing on programs with proven outcomes — and we also aim to foster a more truly inclusive culture,” Castleberry wrote in the note, which was first reported by Bloomberg.

Castleberry’s memo doesn’t say which programs the company is dropping as a result of its review. The company typically releases annual data on the racial and gender makeup of its workforce, and it also operates Black, LGBTQ+, indigenous and veteran employee resource groups, among others.

In 2020, Amazon set a goal of doubling the number of Black employees in vice president and director roles. It announced the same goal in 2021 and also pledged to hire 30% more Black employees for product manager, engineer and other corporate roles.

Meta on Friday made a similar retreat from its diversity, equity and inclusion initiatives. The social media company said it’s ending its approach of considering qualified candidates from underrepresented groups for open roles and its equity and inclusion training programs. The decision drew backlash from Meta employees, including one staffer who wrote, “If you don’t stand by your principles when things get difficult, they aren’t values. They’re hobbies.”

Other companies, including McDonald’s, Walmart and Ford, have also made changes to their DEI initiatives in recent months. Rising conservative backlash and the Supreme Court’s ruling against affirmative action in 2023 spurred many corporations to alter or discontinue their DEI programs.

Amazon, which is the nation’s second-largest private employer behind Walmart, also recently made changes to its “Our Positions” webpage, which lays out the company’s stance on a variety of policy issues. Previously, there were separate sections dedicated to “Equity for Black people,” “Diversity, equity and inclusion” and “LGBTQ+ rights,” according to records from the Internet Archive’s Wayback Machine.

The current webpage has streamlined those sections into a single paragraph. The section says that Amazon believes in creating a diverse and inclusive company and that inequitable treatment of anyone is unacceptable. The Information earlier reported the changes.

Amazon spokesperson Kelly Nantel told CNBC in a statement: “We update this page from time to time to ensure that it reflects updates we’ve made to various programs and positions.”

Read the full memo from Amazon’s Castleberry:

Team,

As we head toward the end of the year, I want to give another update on the work we’ve been doing around representation and inclusion.

As a large, global company that operates in different countries and industries, we serve hundreds of millions of customers from a range of backgrounds and globally diverse communities. To serve them effectively, we need millions of employees and partners that reflect our customers and communities. We strive to be representative of those customers and build a culture that’s inclusive for everyone.

In the last few years we took a new approach, reviewing hundreds of programs across the company, using science to evaluate their effectiveness, impact, and ROI — identifying the ones we believed should continue. Each one of these addresses a specific disparity, and is designed to end when that disparity is eliminated. In parallel, we worked to unify employee groups together under one umbrella, and build programs that are open to all. Rather than have individual groups build programs, we are focusing on programs with proven outcomes — and we also aim to foster a more truly inclusive culture. You can read more about this on our Together at Amazon page on A to Z.

This approach — where we move away from programs that were separate from our existing processes, and instead integrating our work into existing processes so they become durable — is the evolution to “built in” and “born inclusive,” instead of “bolted on.” As part of this evolution, we’ve been winding down outdated programs and materials, and we’re aiming to complete that by the end of 2024. We also know there will always be individuals or teams who continue to do well-intentioned things that don’t align with our company-wide approach, and we might not always see those right away. But we’ll keep at it.

We’ll continue to share ongoing updates, and appreciate your hard work in driving this progress. We believe this is important work, so we’ll keep investing in programs that help us reflect those audiences, help employees grow, thrive, and connect, and we remain dedicated to delivering inclusive experiences for customers, employees, and communities around the world.

#InThisTogether,

Candi

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Tesla recalling 239,000 vehicles in U.S. over rearview camera failures

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Tesla recalling 239,000 vehicles in U.S. over rearview camera failures

New Tesla Model 3 vehicles on a truck at a logistics drop zone in Seattle, Washington, on Aug. 22, 2024.

M. Scott Brauer | Bloomberg | Getty Images

Tesla is voluntarily recalling about 239,000 of its electric vehicles in the U.S. to fix an issue that can cause its rearview cameras to fail, the company disclosed in filings posted Friday to the National Highway Traffic Safety Administration’s website.

“A rearview camera that does not display an image reduces the driver’s rear view, increasing the risk of a crash,” Tesla wrote in a letter to the regulator. The recall applies to Tesla’s 2024-2025 Model 3 and Model S sedans, and to its 2023-2025 Model X and Model Y SUVs.

The company also said in the acknowledgement letter that it has already “released an over-the-air (OTA) software update, free of charge” that can fix some of the vehicles’ camera issues.

In 2024, Tesla issued 16 recalls in the U.S. that applied to 5.14 million of its EVs, according to NHTSA data. The recall remedies included a mix of over-the-air software updates and parts replacements. More than 40% of last year’s recalls pertained to issues with the newest vehicle in the company’s lineup, the Cybertruck, an angular steel pickup that Tesla began delivering to customers in late 2023.

Regarding the latest recall, the company said it had received 887 warranty claims and dozens of field reports but told the NHTSA that it was not aware of any injurious, fatal or other collisions resulting from the rearview camera failures.

Other customers with vehicles that “experienced a circuit board failure or stress that may lead to a circuit board failure,” which cause the backup camera failures, can have their vehicles’ computers replaced by Tesla, free of charge, the company said.

Tesla did not immediately respond to CNBC’s request for comment.

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