AIThe Next Webabout 1 hour ago
Emerald AI raises $150mn at $1.05bn valuation
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Emerald AI raised $150mn in an oversubscribed Series A at a $1.05bn valuation, co-led by Energize Capital and DCVC. The two-year-old company's software, Emerald Conductor, cuts data centre electricity use by slowing or pausing deferrable computing jobs. A Phoenix field test cut a 256-GPU Nvidia cluster's power draw by 25%.
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