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Emerald AI, which uses AI to optimize data center power consumption based on grid demands, raised $150M led by DCVC and Energize Capital at a $1.05B valuation (Sri Muppidi/New York Times)

Techmeme ·
Emerald AI crossed a $1 billion valuation with fresh backing for grid-aware data center software.

Techmeme's note cites a $150 million raise led by DCVC and Energize Capital. The company uses AI to optimize data center power consumption based on grid demand. The round values Emerald AI at $1.05 billion.

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Categories: Money & Moves