Vancouver-based Wafr Technologies says it has raised $100 million toward a $300 million target to commercialize cooling for AI data centres and build a Canadian AI research lab. Wafr is focused on facility-level, closed-loop cooling infrastructure for high-density computing environments, positioning its platform as complementary to direct-to-chip and rack-level systems.
The company says typical data centres can use up to 10 million litres of water per megawatt annually, while cooling represents 30 to 45 percent of electricity load. Wafr claims its technology can cut water consumption by up to 95 percent and cooling power use by up to 80 percent.
Want to know more? Check out the source code on DataCentre.ca.