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With a market value of $2.3 billion, the company is considered a bellwether of the burgeoning AI industry, making it the third-largest company on Wall Street, behind Microsoft and Apple.
Amperesand, a startup providing power grid infrastructure solutions, has raised $12.45m co-led by Temasek's Xora Innovation and US-based Material Impact.
Transformers are everywhere on the electrical grid, and they'll need new tech to realize the "internet of power."
/PRNewswire/ -- TDK Corporation (TSE: 6762) announced today that subsidiary TDK Ventures Inc. is investing in Amperesand and their grid infrastructure...
Amperesand's grid infrastructure solutions are powered by innovative solid-state transformer (SST) technology to enable efficient, intelligent, and resilient electrification TDK Ventures invested in Amperesand because of their groundbreaking and market-ready SST technology - solving key challenges in the EV DC fast-charging sector, providing a critically needed solution for accelerating EV adoption and future-proofing of electric grid infrastructure SAN...