News Score: Score the News, Sort the News, Rewrite the Headlines

Exclusive: $30M in seed money to cut data center energy loss

Claros, a startup with tech that minimizes energy waste at data centers, closed a $30 million seed round co-led by General Catalyst and Red Cell Partners.New and existing investors including Systemiq Capital, Aero X Ventures, and Trenches Capital took part.Why it matters: The AI industry is desperate for every electron it can get, and regulators are scrambling to prevent the data center boom from straining grids.Those forces together make cutting energy loss a big deal.Driving the news: Claros p...

Read more at axios.com

© News Score  score the news, sort the news, rewrite the headlines