PALM BEACH GARDENS, Fla., Feb. 18, 2025 — Local weather and vitality firm Service World Corp. (NYSE: CARR) introduced that its enterprise group, Service Ventures, is main an funding and expertise partnership with ZutaCore, a maker of two-phase direct-to-chip liquid cooling expertise for information facilities.
This funding aligns with Service’s technique of offering high-tech, built-in cooling options to fulfill the cooling wants of knowledge heart prospects. The worldwide information heart cooling market is projected to succeed in $20 billion by 2029, and liquid cooling is projected to develop at a 39 % CAGR over the identical interval.
“Direct-to-chip liquid cooling is important for next-generation information facilities as AI drives a rise in world demand for high-density computing,” stated Ajay Agrawal, Senior Vice President, World Providers, Enterprise Growth & Chief Technique Officer, Service. “We proceed to spend money on cutting-edge applied sciences to make sure Service is totally ready for the info heart wants for superior cooling techniques. Our partnership with ZutaCore will assist sort out the cooling challenges of tomorrow’s information facilities and can guarantee optimum efficiency and energy-efficient options for our prospects.”
“Our partnership with Service marks a significant milestone for ZutaCore as we proceed to redefine the cooling business at scale,” stated Erez Freibach, Co-Founder and CEO, ZutaCore. “By integrating our waterless liquid cooling expertise with Service’s experience in clever local weather and vitality options, we’re delivering a complete and sustainable answer tailor-made particularly to the AI market. This collaboration permits us to fulfill the rising calls for of next-generation AI and information processing workloads with energy-efficient options, revolutionizing information heart cooling for AI factories worldwide.”
ZutaCore is a San Jose, CA-based supplier of direct-to-chip, waterless liquid cooling options. ZutaCore’s next-generation liquid cooling expertise is designed to chill the most popular processors with 100% warmth reuse, paving the best way towards a lower-emission information heart business. Its HyperCool expertise – a direct-to-chip, waterless, direct liquid cooling answer – permits excessive sustained efficiency, server densification and diminished energy utilization, vital for assembly the ability calls for of right now’s excessive efficiency, synthetic intelligence and machine studying information heart workloads.
Service’s funding in ZutaCore is a part of its broader ambition to redefine information heart thermal administration. With the latest announcement of Service QuantumLeap, the corporate launched a totally built-in suite of modern, energy-efficient options for information heart thermal administration, designed to optimize your complete thermal lifecycle.
By Service Ventures, Service invests in improvements and disruptive applied sciences enabling the way forward for constructing and chilly chain administration.
For extra details about Service Ventures’ portfolio corporations, go to Company.Service.com/carrier-ventures.
