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Israeli AI cooling startup ZutaCore raises $100 million Series C at estimated $600 million valuation

Samsung, Mitsubishi Electric and Carrier back data center infrastructure company from Sderot. Israeli company ZutaCore, which develops advanced direct-to-chip liquid cooling systems for artificial intelligence processors in data centers, has announced the completion of a $100 million Series C funding round. The round was led by global industrial and technology groups Mitsubishi Electric, Carrier, and Samsung Electronics, through its investment arm Samsung Ventures.The latest financing brings Zut...

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