SoftBank Books $7.1 Billion Quarterly Loss on Failed Turbine Grab
SoftBank posted a $7.1 billion quarterly loss, over half tied to power gear, after overbooking 13 GW of gas turbines for AI data centres that proved worthless.
Topic
Energy Storage
Topic
Energy Storage
Exowatt’s P3 Gen 2 targets AI data centers with a 2.4 GW plan
Exowatt redesigned P3 for AI data centers, added a 1 MW validation block and outlined a 2.4 GW West Texas data-center project bui…
Vertiv Unveils 3.0 MVA Outdoor UPS for AI Data Centers
Vertiv’s 3.0 MVA PowerNexus MV UPS combines outdoor backup, grid interactivity and AI load smoothing, with shipments planned for…
BluWave-ai Closes $8.1M Series A-2 to Scale AI Grid Software
Ottawa's BluWave-ai closed $8.1M in Series A-2 financing, federal funds and bank credit, lifting its total raised since 2017 past…
Energy Solution Centre Reports $23.4M Revenue, 213% Growth
Energy Solution Centre reports $23.4 million in revenue and 213% growth, operates three showrooms and has helped more than 5,000…
Torus Raises $500M to Put AI Chips Where the Power Already Is
Torus raised $500M led by Magnetar and launched Foundry, prefab AI inference units claiming 12-16 week deployment, targeting 47,0…
Acecore Takes $10,000 at TechCabal Battlefield in Lagos
Acecore won the $10,000 top prize at TechCabal's TC Battlefield in Lagos on October 29, ahead of Supplya ($5,000) and Navidyn ($2…
Envision's Galaxy Campus Delivers 120 MW in Under a Year
Envision's Galaxy AI campus in Inner Mongolia delivered 120 MW in under a year, per SemiAnalysis. The "fifth of US costs" claim r…
Vensum Power raises €9 million for 2027 mass production
Helsinki-based Vensum Power will use a €9 million Series A to scale toward 2027 mass production, starting with EV charging and st…
GM Leads $108 Million Round for Sodium-Ion Startup Peak Energy
GM led a $108 million Series B for Peak Energy, which holds $1.1 billion in orders and targets sodium-ion demand of 257 GWh by 20…