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Emerald AI raises $150mn at a $1.05bn valuation to flex data centre power

A two-year-old company is now worth $1.05bn. It writes software that makes data centres use less electricity on demand. Emerald AI raised $150mn in an oversubscribed Series A, the company announced on Tuesday. Energize Capital and DCVC co-led it, and the round takes total funding past $220mn. The investor list is the tell. Nvidia, Siemens, [] This story continues at The Next Web

26 Aug 2026 12:06 am