Sam Altman-Backed Startup Scaling Technology to Store CO2 in Rocks.

44.01, a startup backed by Sam Altman's Apollo Projects, is developing technology to store carbon dioxide (CO2) underground by injecting it into peridotite, a type of rock found worldwide. The CO2 undergoes a chemical reaction and turns into solid carbonate, effectively trapping it underground. The startup has raised $37 million in funding and aims to commercialize its technology in Oman and the United Arab Emirates. This method of carbon storage eliminates the risk of CO2 leakage and has the potential to sequester billions of tons of CO2, making it crucial for mitigating the effects of global warming. [Extracted from the article]