A new modular, off-grid “power foundry” system that integrates gas power, battery storage, and cooling components to efficiently support data centers will initially be deployed in the Southeast.
The concept aims to reduce capital and operational costs by one-third, eliminate legacy infrastructure like diesel generators and achieve 90% efficiency for energy conversion, thereby boosting IT power availability by 50%. Introduced by GridFree AI, the startup co-founded by former executives from Microsoft and BP secured a $5 million funding round led by Giant Ventures. Axios has the details.
