House introduces bipartisan bill on AI in banking and housing
The bill would require a report on how these industries use AI to valuate homes and underwrite loans
Read more...Image: Mighty Buildings
Mighty Buildings, a company focused on using 3D printing to create homes and reduce waste, announced this week that it is partnering with Fortera to use a new type of concrete that reduces CO2 waste.
Fortera is a Silicon Valley-based materials technology company founded in 2019. The process they are using creates a "cementitious material that converts carbon dioxide into cement, reducing COâ‚‚emissions by more than 60%."
While Mighty Buildings has a focus on reducing its carbon footprint as much as possible through on-site 3D printing and other methods, concrete remained one of the company's biggest issues. The company plans to be carbon neutral by 2028, and this partnership should help those plans come to fruition.
'We're constantly searching for new materials that will help us reach our goals, so we're thrilled to work with Fortera and this new carbon dioxide based cement." said Sam Ruben, Chief Sustainability Officer and Co-Founder of Mighty Buildings.
It is also noted that this new partnership is a result of a $22 million funding round intended to accelerate its carbon neutrality roadmap, as mentioned above.
"With the engineering and construction of our production plant underway, we have been seeking strategic relationships with offtake partners whose mission and values align with ours, which is why Mighty Buildings is a great fit for us," said Dr. Gilliam, CEO and Co-Founder of Fortera.
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All author postsThe bill would require a report on how these industries use AI to valuate homes and underwrite loans
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