TAR, a US start-up focused on off-grid renewable power systems for AI data centres, has raised USD 120 million (EUR 103m) in Series A funding, led by venture capital firm Spark Capital, to help overcome the power bottleneck for AI.

Austin startup TAR closed a $120M Series A led by Spark Capital, reaching a $1B valuation to build off-grid power systems for AI data centers.

TAR raises a $120m Series A led by Spark Capital at a $1bn valuation to build off-grid power systems for AI data centres.