• Sep 09, 2024

Sam Altman-Backed Exowatt Bets Big on Data Center Batteries

Exowatt, a Sam Altman-backed startup, has announced plans to help the data center industry deal with its enormous energy usage using a new approach to solar power. The news comes after the Miami-based start-up raised a $20 million seed round led by venture capital firms a16 and Atomic, as well as Open AI CEO Altman, in April. The Miami-based company uses what is called a “modular system” to generate, store, and dispatch clean energy. The announcement comes as data center electricity usage is on...