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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 (Mark Chediak/Bloomberg)

Source: TECHMEME · NOV 11, 2026

Mark Chediak / Bloomberg : 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 — Torus, an energy-storage startup, said it raised $500 million in funding to help launch a new shipping container-sized product …

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