GridCARE Launches with $13.5M to Speed AI Data Center Power Access


GridCARE Launches with $13.5M to Speed AI Data Center Power Access

📅 - GridCARE, a startup driving the AI revolution, came out of stealth. The business has secured a $13.5 million seed fundraising round that was heavily oversubscribed and sponsored by Temasek-backed deep technology venture capital firm Xora.

AI's rapid development has led to an unprecedented demand for electricity, which is predicted to more than quadruple by 2050. Much of the grid's capacity is still hidden as developers of AI infrastructure race to find new power sources for data centers. By using cutting-edge AI, GridCARE unlocks this unrealized potential, allowing developers to ensure dependable electricity without having to wait for new construction and at a fraction of the time and [...][... Check source for end of article ...]
Tags: AI

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