Ford stock jumped as much as 25% in two days after the launch of Ford Energy, a new subsidiary providing battery storage capacity to AI data centers (Christian Davies/Financial Times)

Techmeme ·

Ford launched Ford Energy as a subsidiary providing battery storage to AI data centers, driving a 25% stock jump in two days.

Categories: Money & Moves

Excerpt

<a href="https://www.ft.com/content/3788778f-ea93-4811-80a8-4c8f4c5c0b1f"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260514/i28.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260514/p28#a260514p28" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Christian Davies / <a href="https://www.ft.com/">Financial Times</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.ft.com/content/3788778f-ea93-4811-80a8-4c8f4c5c0b1f">Ford stock jumped as much as 25% in two days after the launch of Ford Energy, a new subsidiary providing battery storage capacity to AI data centers</a></b></span>&nbsp; &mdash;&nbsp; New subsidiary pivots to energy storage batteries for AI after disastrous electric vehicle writedown&nbsp; &mdash;&nbsp; Shares in Detroit auto giant Ford surged &hellip; </p>