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Colorado-based Boom Technology has raised $33 million in a Series A round to build and fly its first supersonic jet, a one-third-scale prototype known as the XB-1 or “Baby Boom.” Testing… ...
Ben Krall, left, and his brother Josh check out a large model of the XB-1 Supersonic Demonstrator jet at Boom Technology at Centennial Airport on Nov. 14, 2016, in Centennial.
The latest round, which brings Boom’s total funding to $41 million, includes investment from 8VC, Caffeinated Capital, Palm Drive Ventures, RRE Ventures and technology accelerator Y Combinator.
Tech expert Erik Gordon has predicted that the potential crash of the AI boom could have a more severe financial impact than ...
Boom says its 88-seat jet, called Overture, will use four engines, fly up to 1.7 times the speed of sound — about 1,300 mph — and use sustainable aviation fuel.
Add in the grid upgrades to power AI models, plus the intellectual-property value of the software itself, and one estimate ...
Micron Technology is riding the crest of the artificial intelligence boom just as the company prepares to break ground on a ...
Boom Technology has picked up a high-profile ally in its quest to revive supersonic passenger jets: British billionaire Richard Branson.
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