"Tech Titans Strike Gold: Billionaire-Backed Start-Up Discovers Vast Zambian Copper Deposit"

AI-backed mining start-up KoBold, backed by investors including Bill Gates and Jeff Bezos, has discovered a significant copper deposit in Zambia after a year of mining. The company aims to bridge the supply gap in mineral deposits and plans to contribute to the electric vehicle market by finding scarce battery materials. Despite short-term commodity price volatility, KoBold is focused on long-term investments and is considering building a $2 billion facility at the site.