Skeleton Technologies surpasses $1B valuation with Siemens backing for US expansion
Skeleton Technologies today announced a strategic investment from Siemens, bringing Skeleton’s valuation to more than $1 billion. The investment will primarily accelerate the expansion of Skeleton’s US manufacturing footprint and R&D activities in Silicon Valley to meet growing demand from hyperscalers for AI data-centre power systems. Check out our earlier interview with Skeleton Technologies CEO Taavi Madiberk Global data-centre electricity consumption is expected to nearly double from…
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Skeleton Technologies today announced a strategic investment from Siemens, bringing Skeleton’s valuation to more than $1 billion.
The investment will primarily accelerate the expansion of Skeleton’s US manufacturing footprint and R&D activities in Silicon Valley to meet growing demand from hyperscalers for AI data-centre power systems.
Check out our earlier interview with Skeleton Technologies CEO Taavi Madiberk
Global data-centre electricity consumption is expected to nearly double from around 485 TWh in 2025 to 950 TWh by 2030, according to the…
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