Emerald AI announced a $150 million Series A funding round at a $1.05 billion valuation.

Emerald AI transforms energy-intensive data centers into AI-powered grid allies. The Emerald AI Conductor platform enables AI data centers to flexibly adjust their power consumption from the electricity grid on demand, orchestrating the computing loads of inference, training, and fine-tuning AI models across a network of data centers to bolster the power grid’s reliability while meeting strict compute performance standards. Flexibility could unlock up to 100 GW, or more than a decade of U.S. AI data center growth and trillions in AI investment, without enormous investments in electric grids or power plants—advancing innovation and competitiveness, ensuring power affordability for communities across the country, and bolstering the reliability of the electric power system.

Founded 2024