Google Parent Company Alphabet Shuts Down Makani Kite- Energy Project
The parent company of Google , Alphabet , has withdrawn its support for the Makani Power-generating project . The news has been confirmed by the CEO of Makani Enterprises , MR. Fort Felker through a blog that he posted on 18 February 2020 . It is the first project of Alphabet that has been called off by them, and several figures have criticized Sundar Pichai for signing off this venture. Larry Page and Sergey Brin started the project X after acquiring Makani in 2013 . Project X was an innovative venture by Makani to make wind energy in a more affordable and accessible way. The other rumors state that Alphabet has invested in various other ventures and is incurring an immense loss due to them. Sundar Pichai has been pressurized by the board of directors to cut off these losses by shutting down the ventures, including Waymo ; A self-driving car service and Loon ; A ...