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Vancouver-based Wafr Technologies raised $100 million from private investors to build hyper-efficient cooling gear for AI data centres, claiming it can cut water use by up to 95% and cooling power by up to 80%. Founded in 2025, the startup plans to launch an AI research lab and data centre, hire dozens of technical staff, and scout new sites across Canada. It is also aiming to raise another $200 million from government and private sources. That is a serious,...
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