New unicorn alert! Skeleton Technologies lands multi-million funding to expand AI infrastructure in the US

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Tallinn-based Skeleton Technologies, a developer high-power systems for AI infrastructure, today announced a “9-digit investment” from Siemens, bringing Skeleton’s valuation to more than €899 million ($1 billion). The investment will primarily accelerate the expansion of Skeleton’s US manufacturing footprint and R&D activities in Silicon Valley to meet growing demand from hyperscalers for AI data-center power […] The post New unicorn alert! Skeleton Technologies lands multi-million funding to expand AI infrastructure in the US appeared first on EU-Startups .

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