OpenAI CEO and Andreessen Horowitz Invest $20M in Exowatt

OpenAI CEO Sam Altman and VC firm Andreessen Horowitz have invested $20 million in Exowatt, a startup focused on cleanly powering data centers. Data centers, which are critical for AI and other data-heavy operations, have come under scrutiny for their high energy use. 

Exowatt’s technology uses solar lenses to convert sunlight into heat, which can then be stored and converted back into electricity. This will provide a reliable power supply at reduced costs and increased efficiency. Such tech could be especially useful in areas where traditional renewable energy solutions are less effective. 

Exowatt plans to deploy the first of these modular units later this year. The company plans to use domestic-produced components to take advantage of federal subsidies.

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