Synchronica plc announced it received $6.9 million in funding. The company, which specializes in data synchronization, device management and over-the-air updating services, said it plans to use the new funding to increase sales through a more streamlined handling of potential customers and to increase support and sales staff. The company also plans to use the funds for new product development.
“We are pleased that so many of our current investors and management team chose to support this,” said Carsten Brinkschulte, co-founder and CEO of Synchronica. “This funding will enable us to capitalize on the traction we have gained in the international marketplace and to further improve our competitive position.”
Synchronica up on $6.9M funding round
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The IEA report predicts that AI processing in the U.S. will need more electricity than all heavy industries combined, such as steel, cement and chemicals
Energy demand for AI data centers in the U.S. is expected to grow about 50 gigawatt each year for the coming years, according to Aman Khan, CEO of International Business Consultants