Data center demand drives US grid modernization startups, executives say
Overview
Weavegrid CEO Apoorv Bhargava, Veir CEO Tim Heidel, and Rewiring America VP of policy Kristen Eberhard say the rise in AI data center energy demand creates openings to modernize the US grid, speaking at TechCrunch Disrupt.
Bhargava says Weavegrid's software helps utilities orchestrate new loads to reduce customers' bills. Heidel says Veir sells superconducting power lines that carry power five times farther than traditional cables in 20 times less space. Veir raised $110 million in a series C round earlier this month.
Written by AI from the articles below · updated Oct 27, 7:05 PM ET
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- TechCrunch · AINewsData center boom spurs grid modernization, startups say at TechCrunch Disrupt
AIWeavegrid CEO Apoorv Bhargava, Veir CEO Tim Heidel, and Rewiring America VP of policy Kristen Eberhard say the surge in AI data center energy demand creates opportunities to modernize the US grid. Bhargava says Weavegrid's software helps utilities orchestrate new loads to reduce payers' bills, while Veir sells superconductive power lines that carry power five times further than traditional cables with 20 times less space. Veir raised $110 million in a series C round earlier this month.
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