Add as a preferred source on GoogleTorus Completes $500 Million Series C and Launches Foundry AI System
Foundry’s estimated time from signing to operation is about 12 to 16 weeks. Hydra Host is among its first customers.
Torus has completed a $500 million Series C financing and launched Foundry, a modular AI inference system designed to bring one to 20 megawatts of capacity online per site.
Foundry combines power supply, energy storage, cooling, networking and computing in prefabricated equipment. The estimated time from signing to operation is about 12 to 16 weeks.
Magnetar led the financing, with ICONIQ, Origin Ventures, Ridgeline Partners and Trinity Capital also participating. Hydra Host is among Foundry's first customers. Torus targets deployment of more than 47,000 GPUs by the end of 2027.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.