Energy storage startup Torus raises $500M to build container-sized AI data centers

Salt Lake City-based energy storage startup Torus raised a $500M Series C led by Magnetar to build shipping container-sized AI data centers in 1MW to 20MW sizes.

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2026-11-11 13:25 · Techmeme
Salt Lake City-based energy storage startup Torus raised a $500M Series C led by Magnetar to build shipping container-sized AI data centers at 1MW to 20MW sizes

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