US-based power equipment startup Ayr Energy is reportedly in talks to raise $25–30 million from Energy Impact Partners, potentially valuing the company at about $200 million. Founded by former Zetwerk and Ather Energy executive Anirudh Reddy, the startup is betting that AI workloads and expanding data centres will drive rapid demand for new power infrastructure.
As AI expands, the limiting factor is shifting from chips to power and cooling. Data centers are increasingly judged by gigawatts and terawatts, while specialized firms manage electrical infrastructure and the heat produced by massive server racks. These “invisible” operators are becoming strategic enablers of the global AI boom, shaping where—and how fast—new capacity can grow.
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