on Entero Therapeutics (NASDAQ:ENTO)
Entero's Grid AI Expands in U.S. with New Leadership
Entero Therapeutics announced plans for Grid AI's expansion in the U.S. with a new leadership team. This development aligns with a surge in AI-data-center growth, where over $60 billion in projects have been launched recently.
The subsidiary, Grid AI, aims to enhance its presence in the burgeoning U.S. market for AI-ready digital infrastructure. This initiative includes appointing a U.S.-based CEO and Executive Chairman, experts in public-markets and energy-flexibility. Their expertise supports Grid AI's strategy for AI orchestration and digital infrastructure integration.
Global data-center growth is projected at $1 trillion by 2030, requiring over 2,000 new centers, which Grid AI aims to support with intelligent systems and real-time optimization. Since 2019, Entero has invested over $50 million in developing this platform. Updates on Grid AI’s expansion and leadership will follow soon.
R. P.
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