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Here's your TMB Tech Minute for Monday, April 22nd. I'm Alex Oscela for the Wall Street Journal.

Evie Maker's Tesla and Lee Auto are cutting prices in China in an effort to compete with one another.

Hybrid Specialist Lee Auto lowered prices by up to 30,000 Yuan,

equivalent to just over 4,000 dollars for all models.

Tesla cut prices by 14,000 Yuan for its 3, Y, S, and X models

after lowering prices in the US and Europe in recent days.

The price cuts came as new data showed that for the first time China

sold more electric and hybrid cars than internal combustion vehicles. We

exclusively report that open AI CEO Sam Altman and venture capital firm Andreeson Horowitz are among the investors putting $20 million into ExoWatt.

A company launched to tackle the clean energy needs of big data centers.

Instead of solar panels arrayed across the field,

exowatt has developed modules roughly the size of shipping containers that contain solar lenses.

The lenses convert energy from the sun into heat that can store energy.

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