Entero Therapeutics Acquires GRID AI, Enters $100 Billion AI and Data Center Market

Entero Therapeutics, Inc. (NASDAQ:ENTO) has acquired GRID AI Corp, positioning itself in the AI energy-infrastructure market. GRID AI's platform enables utilities and power users to manage energy resources dynamically. The acquisition aligns ENTO with the growing demand for AI-driven power, expanding its operations in the field.

The AI sector is fueling a significant increase in electricity consumption, with data-center power demand expected to rise sharply by 2030. This surge, driven by AI workloads, highlights the need for solutions like GRID AI's to manage energy demands effectively.

Terms of the agreement grant GRID AI's shareholders a substantial stake in ENTO, reflecting the strategic importance of this acquisition. ENTO aims to leverage this deal to expand its market reach, improve grid reliability, and diversify its portfolio into critical infrastructure software.