Panelists say AI data-center demand can drive US grid upgrades
Original title: The data center boom has an upside: innovation for the US grid
At TechCrunch Disrupt, Veir said it raised $110 million Series C for superconductive lines that the company claims carry power farther in less space.
Speakers at TechCrunch Disrupt argued that AI-driven data-center load is stressing the US grid but also creating urgency for modernization. Weavegrid CEO Apoorv Bhargava described software for load orchestration that he said can cut utility bills. Veir CEO Tim Heidel said the startup’s superconductive cables can carry power five times farther than traditional cables while using 20 times less space, and that Veir raised $110 million in a Series C. Rewiring America’s Kristen Eberhard said the surge is pushing utilities to try transmission, plants, and previously unused options together.
Unconfirmed: Cable performance figures are Veir’s own claims, not independently verified in the article.
- Veir says it raised $110 million in a Series C earlier this month.
- Veir claims its cables carry power five times farther and need 20 times less space.
- Panelists cited EVs, data centers, heat pumps, and renewables as new grid variables.
- Rewiring America advocates household electrification alongside new transmission and plants.
- Organizations
- WeavegridVeirRewiring America
- Countries
- United States
From the original article
3 min read at techcrunch.com
As the AI boom stresses the existing power grid, all sort of new opportunities for grid modernization are also emerging as a result, industry insiders say.
By Lucas Ropek · techcrunch.com
A short excerpt; the article and its images belong to the publisher. Summary, key facts and assessment above are AI-written from the article and can be wrong.