Solar energy startup Exowatt launches with $20M funding, developing heat-storing solar panels for AI data centers.

Exowatt, a solar energy company, launches with $20M funding from investors including OpenAI CEO Sam Altman, venture capital firm Andreessen Horowitz, and Atomic. The startup develops solar panels that store energy as heat, which is then converted into electricity via an engine. Exowatt's solution addresses the energy-intensive needs of AI data centers, tackling rising demand and energy costs.

April 22, 2024
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