A new investment initiative led by Elemental Impact is bringing together Amazon, Google, Meta and Microsoft to accelerate next-generation energy, power and cooling solutions for data centres.

As artificial intelligence drives unprecedented demand for compute, data centres are rapidly becoming one of the most energy-intensive parts of global infrastructure. This expansion is intensifying pressure on electricity supply, grid resilience, cooling systems and carbon emissions.

In response, Elemental Impact is positioning data centres as real-world testbeds for emerging energy technologies through its newly launched Data Center Innovation Initiative (DCII), backed by major hyperscalers like Amazon, Google, Meta and Microsoft, alongside philanthropic partners including Breakthrough Energy Discovery, Builders Vision Philanthropy, Salesforce and the Stolte Family Foundation.

The initiative is designed to bridge the gap between innovation and deployment, particularly for energy-focused start-ups seeking to scale.

Elemental Impact says the DCII will invest between US$500,000 and US$5m in up to 10 start-ups through 2027, with a strong emphasis on energy systems, power infrastructure, cooling technologies and sustainable materials.