DCVC

Emerald AI raises $150 million Series A to tackle AI data center power demands

Emerald AI, a startup focused on managing AI data center power demands, has raised $150 million in Series A funding. The company's technology dynamically adjusts electricity consumption based on grid conditions to free up power for AI while maintaining grid reliability. Emerald AI is partnering with companies including Nvidia and Digital Realty to launch a power-flexible AI data center in Manassas, Virginia, later this year.