Salt Lake City-based energy storage startup Torus raised a $500M Series C led by Magnetar to build shipping container-sized AI data centers at 1MW to 20MW sizes (Mark Chediak/Bloomberg)
Torus, an energy-storage startup, said it raised $500 million in funding to help launch a new shipping container-sized product …
We haven't written up this one. Techmeme has the full story — the link below goes straight to it.