Andreessen and Gates invest in an AI startup that's looking for ethical cobalt

There's a good chance your smartphone contains tainted cobalt. The metal is a crucial ingredient in most of the lithium-ion batteries that power our devices, and 70% of it is mined in war-torn Democratic Republic of Congo (DRC), where children are often deployed to work in toxic environments. Though global brands like Apple and Samsung are keen to clean up their supply chain, DRC's dominance of the cobalt market makes the task difficult. These brands are also pressured by growing demand for cobalt, which Citigroup estimates will outstrip supply by 2023. That's because lithium-ion batteries also power electric cars, and every car battery needs as much as 1,000 times the amount of cobalt of a smartphone battery.