PALM BEACH GARDENS, Fla., Feb. 18, 2025 — Local weather and vitality firm Service World Corp. (NYSE: CARR) introduced that its enterprise group, Service Ventures, is main an funding and expertise partnership with ZutaCore, a maker of two-phase direct-to-chip liquid cooling expertise for information facilities.
This funding aligns with Service’s technique of offering high-tech, built-in cooling options to satisfy the cooling wants of information heart clients. The worldwide information heart cooling market is projected to achieve $20 billion by 2029, and liquid cooling is projected to develop at a 39 % CAGR over the identical interval.
“Direct-to-chip liquid cooling is important for next-generation information facilities as AI drives a rise in international demand for high-density computing,” mentioned Ajay Agrawal, Senior Vice President, World Companies, Enterprise Improvement & Chief Technique Officer, Carrier. “We proceed to put money into cutting-edge applied sciences to make sure Service is absolutely ready for the information heart wants for superior cooling programs. Our partnership with ZutaCore will assist deal with the cooling challenges of tomorrow’s information facilities and can guarantee optimum efficiency and energy-efficient options for our clients.”
“Our partnership with Service marks a serious milestone for ZutaCore as we proceed to redefine the cooling trade at scale,” mentioned Erez Freibach, Co-Founder and CEO, ZutaCore. “By integrating our waterless liquid cooling expertise with Service’s experience in clever local weather and vitality options, we’re delivering a complete and sustainable answer tailor-made particularly to the AI market. This collaboration permits us to satisfy the rising calls for of next-generation AI and information processing workloads with energy-efficient options, revolutionizing information heart cooling for AI factories worldwide.”
ZutaCore is a San Jose, CA-based supplier of direct-to-chip, waterless liquid cooling options. ZutaCore’s next-generation liquid cooling expertise is designed to chill the most well liked processors with 100% warmth reuse, paving the best way towards a lower-emission information heart trade. Its HyperCool expertise – a direct-to-chip, waterless, direct liquid cooling answer – permits excessive sustained efficiency, server densification and diminished energy utilization, crucial for assembly the ability calls for of right this moment’s excessive efficiency, synthetic intelligence and machine studying information heart workloads.
Service’s funding in ZutaCore is a part of its broader ambition to redefine information heart thermal administration. With the latest announcement of Service QuantumLeap, the corporate launched a completely built-in suite of progressive, energy-efficient options for information heart thermal administration, designed to optimize your entire thermal lifecycle.
By way of Service Ventures, Service invests in improvements and disruptive applied sciences enabling the way forward for constructing and chilly chain administration.
For extra details about Service Ventures’ portfolio firms, go to Corporate.Carrier.com/carrier-ventures.
