Google paid startup Form Energy $1B for its massive 100-hour battery
The deal paves the way for Form Energy to raise a new funding round before potentially going public next year. Image: Dylan Carr / Unsplash Source: TechCrunch
The deal paves the way for Form Energy to raise a new funding round before potentially going public next year. Image: Dylan Carr / Unsplash Source: TechCrunch
Form Energy’s iron-air batteries will store wind and solar power to keep the data center running 24/7. Image: BoliviaInteligente / Unsplash Source: TechCrunch
A 10-Hour Data Center Outage Is Testing the Ambitions of KKR, GIP The digital economy is built on a promise of near-perfect uptime. For data center operators, the gold standard is “five nines”—or 99.999% availability, which translates to just over five minutes of downtime per year. Insurance Disclaimer: Coverage varies. Consult a licensed professional. That…