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-0.000734079647641753 -0.00201871903101485 -0.000275279867865674 -0.000367039823820812 0.000367039823820942 0.00477151770967146 0.00293631859056714 -0.00330335841438796
Stock impact report

Carrier Ventures Announces Investment in Strategic Thermal Labs for Development of Groundbreaking Data Center Cooling Technology [Yahoo! Finance]

Carrier Global Corporation (CARR) 
Company Research Source: Yahoo! Finance
solutions, today announced that its venture group, Carrier Ventures, is leading an investment and technology partnership with Strategic Thermal Labs ("STL"). Through this investment, Carrier will leverage STL's groundbreaking technology for a liquid cooling solution for data centers. The liquid cooling market is expected to approach 5B by 2028 driven by greenfield AI data center builds that will bring significantly higher rack power densities. Liquid cooling accounts for roughly 2% of overall cooling solutions within the data center today and is expected to increase to almost ~30% by 2028. "Direct-to-chip liquid cooling is significantly more efficient than traditional cooling methods and critical to data centers of the future as AI and other technologies continue to fuel the global demand for high-density computing," said Ajay Agrawal , Senior Vice President, Global Services, Business Development & Chief Strategy Officer, Carrier. "Together with STL, we will help to significantly re Show less Read more
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