Carrier Global’s venture group, Carrier Ventures, is leading an investment and technology partnership with Strategic Thermal Labs. Through this investment, Carrier will leverage STL’s technology for a liquid cooling solution for data centers. The liquid cooling market is expected to approach $3B-$5B by 2028 driven by greenfield AI data center builds that will bring significantly higher rack power densities. As part of the financial investment, Carrier will receive a board seat in STL, along with exclusivity for a highly differentiated solution. Carrier has also committed to investing more than $2B by 2030 to develop intelligent climate and energy solutions that incorporate sustainable design principles and reduce lifecycle impacts.
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