Comstock to Add AI Materials to Its Portfolio With GenMat Buyout
Comstock(LODE) ZACKS·2024-10-08 15:55
Comstock Inc. (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 ...