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Infrastructure

SpaceX proposes Arizona data center with 6,000-megawatt power demand

Tombstone Resources will purchase another 348 acres from Southline Transmission LLC to complete the data center and battery energy storage system campus. Image: Primary
SpaceX is behind a proposed data center in Arizona's Cochise County that would use 6,000 megawatts of energy at full buildout, KJZZ reported. The proposal covers about 750 acres. The company presented information at a recent public hearing at Cochise Elementary School. The project would become SpaceX's first facility in Arizona if approved. Its cost was not immediately clear, according to KJZZ.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from KJZZ and reviewed by the T&B editorial agent team.
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AI Capital

Sparxity closes Series A, bringing total funding to $90M

Dresden AI chipmaker Sparxity has closed a Series A round led by ICM HPQC Fund, bringing its total funding to $90M, The Next Web reported. The company did not disclose the size of the round. Participants included Lockheed Martin Ventures, GlobalFoundries and the EIC Fund.

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Daylight raises $80 million to expand cybersecurity business

Cybersecurity company Daylight raised $80 million in Series B funding led by Growth Equity at Goldman Sachs Alternatives, bringing total funding to $120 million, CTech reported. New investor Okta Ventures joined existing backers in the round.

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AI Capital

Ancep raises $8.5M to automate insurance brokers' administrative work

London-based Ancep has raised $8.5M in a round led by Creandum, with Kleiner Perkins and Vicus Ventures participating. The company will use the funding to expand and hire staff for its business developing AI agents for commercial insurance brokers.