The AI boom took over Climate Week and not everyone is happy about it
AI data-center demand dominated New York Climate Week as climate-tech funding followed energy and grid deals.
At New York Climate Week, much of the climate-tech community treated the AI data-center buildout as a financing opportunity, even as some worried about new natural-gas plants. PitchBook data cited in the piece shows climate-tech venture deal value rising for four straight quarters and topping $14 billion in this year’s first quarter, led by the built environment, grid infrastructure, and dispatchable energy. Founders said large companies remain interested in climate work but are quieter amid political pressure, and several argued that non-AI climate segments are being overlooked. The reported takeaway is that data-center spending may be temporary but long enough for some startups to build durable businesses.
- Climate-tech venture value exceeded $14 billion in Q1.
- Deal value rose for four consecutive quarters, PitchBook data shows.
- Funding concentrated in grid, buildings, and dispatchable power.
- Some founders say non-AI climate sectors are being sidelined.
- Organizations
- PitchBook
- Countries
- United States
From the original article
3 min read at techcrunch.com
Just like the rest of the U. S. , data centers and AI are dividing climate tech founders and investors.
By Tim De Chant · techcrunch.com
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