AITechmemeabout 2 hours ago
Foundational Industries Raises $25M for AI-Run Factories
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Foundational Industries raised a $25 million seed round led by BoxGroup and Zigg Ventures to build factories where AI runs entire operations, starting with data-center hardware. CEO Jonathan Winer, formerly of Alphabet's Sidewalk Infrastructure Partners, targets custom rack enclosures for data-center developers, neoclouds, and chipmakers.
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