Google agrees to buy 1 million carbon credits from Mitti Labs
Google has signed a four-year deal to buy one million carbon credits from Indian startup Mitti Labs, in what both call the largest public agreement yet for methane-cutting projects in rice farming. The credits will come from farms in three Indian states, with farmers paid to use methods that reduce methane and water use. The companies aren’t saying how much Google is paying, but the agreement runs through 2030.
- 100,000+ hectares of Indian rice farms involved
- Practices cut methane by about half, water by 40%
- No upfront payment; credits delivered 2027-2030
- Mitti Labs uses AI and satellite data to track results
Sources covering this
In this story
More in Big Tech
Nvidia agrees to acquire Hugging Face for $12.9 billion
Nvidia has agreed to acquire AI platform Hugging Face for $12.9 billion, marking one of its largest deals to date. Hugging Face is a widely used online repository for open-source AI models and tools, serving over 18 million developers and more than 200,000 companies. Both firms stated the platform will remain open, and users will not be required to use Nvidia’s hardware or services. The deal follows significant recent security incidents involving AI models on Hugging Face.
Apple unveils foldable iPhone and new CEO Wednesday
Apple plans to announce its first foldable iPhone at an event this Wednesday, September 9, at 10 a.m. Pacific. The company is also expected to show the iPhone 18 Pro line, new Apple Watches, and updated AirPods. It’s the first launch event with John Ternus as CEO, replacing Tim Cook, who’ll stay on as Executive Chair. Ternus told staff the upcoming launch will be “phenomenal.”
Samsung foldables up 30% as Apple prepares to enter market
Samsung says sales of its latest foldable phones rose 30% from last year, even though the devices cost more. Samsung credits a wave of new customers—often people switching from other brands—for the growth. At the same time, analysts forecast Apple’s upcoming foldable iPhone will rapidly reach 25% of the global foldable market, potentially making Apple a leading player soon after launch. Samsung currently leads the space.
Apple raises iPhone prices by $100 across current models
Apple has bumped up the prices of its entire current iPhone lineup by $100. The iPhone 17 now starts at $899, the iPhone Air begins at $1,099, the iPhone 17e is $699, and the iPhone 16 moves to $799. This is happening alongside the launch of pricier iPhone 18 Pro models. Apple says supply chain costs for memory and storage are driving the price increases.