The world’s biggest technology companies are set to spend nearly $700 billion this year building data centres to power artificial intelligence. Global data centre energy consumption is expected to double by 2028, with AI workloads driving the majority of that growth. Refiant AI – a startup that uses nature-inspired algorithms to radically compress AI models, slashing the hardware and energy required to run them – today announced a $5 million seed round led by VoLo Earth Ventures, a top-decile climate technology fund with $225 million invested across 35 portfolio companies.…
Read MoreAI Startup Refiant Raises $5M to Slash Energy Footprint of Artificial Intelligence
