Panasonic Plans to Quadruple AI-Related Revenue with Data Center Batteries
AI News Flash: Panasonic Holdings announced plans to expand its AI infrastructure-related business sales to nearly four times its current size, targeting 2 trillion yen (about $12.5 billion) by fiscal year 2030. To hit that target, Panasonic will roll out new products and scale up production of data center batteries. Panasonic’s battery energy storage systems can optimize power usage efficiency across entire data centers, and as AI compute demand surges…