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- US data center power consumption triples by 2028, Ecomtent secures $1.4M
US data center power consumption triples by 2028, Ecomtent secures $1.4M
Stefan
December 22, 2024
Hi there,
From forecasts of surging data center power demands driven by AI to fresh funding rounds empowering generative AI startups, today's updates spotlight the transformative energy and innovation in the tech world. We also delve into regulatory strides in AI and major investments reshaping infrastructure and technology globally. Here's everything you need to know.
Today’s top stories
A Department of Energy-backed report forecasts that US data center power usage could nearly triple by 2028, driven by the increasing demand for AI servers requiring powerful chips and cooling systems. Read more
Ecomtent, a generative AI startup founded by former Amazon executive Max Sinclair, has raised $1.4 million in a funding round led by MaRS IAF, with participation from industry leaders. Read more
Other stories
GAIB AI Secures $5 Million to Enhance AI Computing in Finance
Indian Government to Establish AI and Data Labs in Tier 2 and Tier 3 Cities
Brazilian Senate Establishes Commission for AI Regulation Framework
MUFG Americas CEO Predicts AI Data Centers Will Drive Renewable Energy Growth
Alphawave Semi Launches First 64 Gbps UCIe Die-to-Die IP Subsystem
Yotta Data Services Seeks $500 Million for AI and Data Center Expansion
French CSPLA Report Highlights AI Regulation on Transparency and Copyright Compliance
LightOn and Answer.AI Release ModernBERT: An Improved Encoder-Only Model
AEF Launches $150M Venture Fund to Scale AI Startups Globally
NTT Plans $250 Million Data Center Investment in North Texas
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