Europe is still serious about ESG, and Apiday is helping companies comply

European regulation is turning ESG reporting from a nice-to-have to a must. This creates new tailwinds for startups such as Paris-based Apiday, whose platform targets private equity funds and blue-chip companies needing to track and pilot sustainability practices.  Asset management firms have been a key target for Apiday, especially European ones. Because of the Sustainable…

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As the AI boom gobbles up power, Phaidra is helping companies manage datacenter power more efficiently

Electricity demand is booming on account of AI. In a May 2024 report, Goldman Sachs predicted that data centers will use 8% of the U.S.’s total power supply by 2030, up from 3% in 2022, as cloud service providers expand to meet the demand for AI infrastructure. Assuming the current trend holds, U.S. utilities will need to…

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