A viral trend reviving 80s aesthetics in AI applications is gaining popularity, but experts warn it could increase energy consumption and environmental impact.
The move comes amid growing concerns about overcapacity risks in the energy storage sector, according to the report. That is despite a surge in demand for batteries used to balance grids and provide backup power.
Declining to give the quantum of funds the company was looking at, he said, "it is not just the product that is going to scale... for us backing is important because right now we can only scale up to 10,000. But beyond that, we need to infuse more capital in our factory and our supplier."
The company's water usage effectiveness (WUE) ratio climbed to 2.40 litres per kilowatt-hour in the year to June, from 2.25 the prior year, while its power usage effectiveness (PUE) ratio, which measures how much electricity a data centre needs for cooling and other overheads, rose to 1.49 from 1.44. Both metrics have worsened for three...
