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Crypto Billionaire Funds CRISPR Embryo Startup Amid AI and Climate Challenges

Crypto billionaire Brian Armstrong plans to fund a US startup focused on CRISPR gene-editing of human embryos, marking a bold move in a controversial field. Meanwhile, the US slashed over $1 billion in clean cement funding, challenging climate efforts. Reddit is suing AI company Anthropic for unauthorized data scraping, highlighting tensions in AI ethics and regulation.

Published June 6, 2025 at 12:11 AM EDT in Artificial Intelligence (AI)

In a groundbreaking development, Brian Armstrong, the billionaire CEO of Coinbase, has announced his intention to fund a US startup focused on gene-editing human embryos using CRISPR technology. This marks a significant shift in the biotech investment landscape, as embryo editing remains one of medicine’s most controversial and ethically fraught frontiers. Armstrong is actively seeking gene-editing scientists and bioinformatics experts to form a founding team targeting genetic diseases that currently lack effective treatments.

The announcement comes after the 2018 incident in China where the world’s first genetically edited babies were born in a secretive experiment that sparked international outrage and legal consequences. Armstrong’s public commitment signals a new era where commercial investment could accelerate research and development in this delicate field, potentially offering novel solutions to inherited diseases.

Clean Cement Industry Faces Major Funding Cuts

In a setback for climate innovation, the US Department of Energy recently canceled $3.7 billion in funding for 24 energy and industrial projects, including nearly $1.3 billion earmarked for clean cement initiatives. Cement production is responsible for approximately 7% of global greenhouse gas emissions and is notoriously difficult to decarbonize due to entrenched industry practices and costly infrastructure.

These funding cuts leave a significant gap for companies striving to commercialize cleaner cement technologies. The industry now faces the challenge of sourcing alternative investments to continue progress toward reducing its environmental impact.

Reddit Takes Legal Action Against AI Company Anthropic

In the realm of artificial intelligence, Reddit has filed a lawsuit against Anthropic, an AI company, accusing it of continuing to scrape Reddit’s data despite promises to cease such activity. Reddit argues that unrestricted data scraping by AI firms undermines content ownership and violates usage agreements.

The legal dispute highlights broader tensions in the AI industry regarding ethical data use and the need for clearer regulations. Reddit notes that other AI companies have complied with its rules, positioning Anthropic’s actions as a breach of trust and industry norms.

These stories collectively underscore the rapid pace of technological innovation and the complex ethical, environmental, and legal challenges that accompany it. From pioneering gene-editing ventures to the fight for sustainable industry practices and AI accountability, the tech landscape is evolving with profound implications for society.

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