Armada Raises $230M to Industrialize U.S. AI Infrastructure


Armada Raises $230M to Industrialize U.S. AI Infrastructure

📅 - Armada raised $230 million at a $2 billion pre-money valuation and signed Johnson Controls to help build Galleon Forge One, a U.S. manufacturing site for modular AI data centers. The company is framing the deal as a way to accelerate deployment of the U.S. AI stack as customer demand rises across defense, energy, telecom and enterprise markets.

The financing was oversubscribed, co-led by Overmatch, BlackRock and 8090 Industries, and brings Armada's total funding to nearly half a billion dollars. Johnson Controls is not only part of the commercial agreement. It is also investing. That makes the announcement more than another AI infrastructure funding round, though there are plenty of [...][... Check source for end of article ...]
Tags: Data Center

Reads: 40 | Category: General | Source: Hosting Jurnalist : Hosting Jurnalist | Author:
URL source: https://hostingjournalist.com/news/armada-raises-230m-to-industrialize-u-s-ai-infrastructure
Want to add a website news or press release ? Just do it, it's free! Use add web hosting news!