<ul><li>Alphabet's light-based internet project Taara is spinning off into an independent company.</li><li>Taara's technology uses lasers to transmit data and aims to connect rural areas to the internet.</li><li>Alphabet will retain a minority stake in Taara, which has secured funding from Series X Capital.</li><li>Taara's current tech involves using narrow beam light terminals to transmit data quickly and cost-effectively in hard-to-reach locations.</li></ul>

Alphabet spins off Starlink competitor Taara

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