Tech companies are entering the energy business due to the high electricity demands of AI. Exowatt, with $20 million in seed funding, is deploying modular solar thermal energy units for data centers, attracting investments from a16z, Atomic, and Sam Altman. The company aims to provide low-cost energy solutions for AI data centers, based in Wynwood, Miami. OpenAI CEO Sam Altman and other investors are backing Exowatt to revolutionize data center power for the AI era.
Big Boss, Andreessen Horowitz @pmarca , and Altman @sama are investing millions of dollars in a startup called Exowatt @exowatt305 , which is a new form of solar energy and energy storage. They are preparing the ground for the huge demand for electrical energy required by… https://t.co/3cUA1IZEvN
- Exowatt secures $20 million investment from industry leaders like Sam Altman and Andreessen Horowitz. - Develops modular units storing energy as heat, converting it to electricity for AI data centers. #AI #AIdatacenters #AndreessenHorowitz #Arm https://t.co/WY5fBRJ3mS https://t.co/JXv33BDo9d
ICYMI: The hottest technology in Miami? Exowatt raises $20M, launches renewable energy solution https://t.co/SSQFKUvCsQ @refreshmiami #miamitech @rileywk #climatetech
Renewable energy company Exowatt scored $20 million from the OpenAI CEO and other investors. @chlobo_ilo https://t.co/sAEDEC8wZh
Exowatt Secures $20M for Revolutionary Data Center Power Solutions @CityofMiami-based @exowatt305 has launched with a groundbreaking $20 million funding round led by @a16z , @JoinAtomic, and @sama. The company is set to revolutionize data center power for the AI era with its… https://t.co/oQyxG5nQxI
FUNDING NEWS! The hottest technology in Miami? Exowatt raises $20M, launches renewable energy solution incubated at Atomic - via @rileywk https://t.co/SSQFKUvCsQ @refreshmiami #miamitech
Sofreh Capital is excited to invest in @Exowatt305 alongside great investors like Sam Altman and A16Z. Exowatt is a major breakthrough in energy production needed to power the AI revolution. https://t.co/e2z0FPv1Ku
OpenAI CEO Sam Altman invests in solar power firm Exowatt to fuel AI datacenters https://t.co/d1EtGkx9Oa
.@sama's first investment announcement in quite some time $20m seed led by him + @a16z into Exowatt, working on delivering low cost energy to data centers And of course, where is this frontier energy tech startup based? Well in Wynwood, Miami of course! https://t.co/MtgG6s1WnV
⚡♨️ 🖥️ Here's an interesting (& big) one: Exowatt launched w/ $20M in seed funding to deploy modular & transportable solar thermal energy units – comprised of a heat collector, a heat battery, and a heat engine – alongside data centers. a16z, Atomic, and Sam Altman invested. https://t.co/wSCbBXB37G
➡️ Growing energy demand! Tech companies are venturing into the energy business due to the substantial electricity needs of AI. https://t.co/5BZN7JDwga
AI Needs So Much Electricity That Tech Companies Are Getting Into Energy Business https://t.co/4aSJb05QkX