Alphabet is increasingly launching “moonshot” projects as independent companies — here's why
1. Alphabet's X factory spins out projects as independent companies. 2. Series X Capital has raised over $500 million for spinouts. 3. Spinouts aim for faster growth outside Alphabet's corporate structure. 4. X has high project failure rates, valuing ruthless idea testing. 5. Anori, a new AI company, addresses significant waste and CO2 issues.