Artificial Intelligence Offers an Opportunity to Improve EV Batteries

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Chemix, an AI-powered EV battery developer, has completed a $20 million Series A funding round led by Ibex Investors. The startup uses algorithms to design and optimize novel batteries for electric vehicle makers. The funding will be used to scale its technology. AI offers an opportunity to improve EV batteries by speeding up battery development, ensuring EVs are more efficient and can stay on the road longer.