A new approach to powering AI computing emerges: leveraging electric vehicle (EV) charging stations. Charging station startup Xeal is advancing this concept, planning to secure approximately $2 billion in debt financing over the next 18 months to support project implementation. Headquartered in New York, Xeal operates a network of thousands of charging stations, primarily located in upscale apartments, high-end retail malls, and office buildings across approximately 500 cities in the United States and Canada.
