AI Data Center Startup Torus Secures $500 Million in Financing, Launches Modular Data Center with Integrated Energy Storage System
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Author:小编   

On November 11, U.S. energy storage startup Torus announced the completion of a $500 million Series C funding round. The round was led by Magnetar, with participation from Iconiq Capital, Origin Ventures, Trinity Capital, and others. The funds will be used to produce Foundry, a new modular AI data center product that integrates battery energy storage systems with AI computing equipment in container-sized modules. AI infrastructure company Hydra Host is one of its customers.