ARMADA RAISES $230M AT $2B VALUATION FOR MODULAR AI DATA CENTERS
Armada builds modular data centers that can be deployed near power sources and run AI workloads on-site instead of sending data back to large cloud regions.
The Series B was co-led by Overmatch, 8090 Industries and BlackRock.
Johnson Controls also invested and signed a manufacturing deal with Armada.
The companies plan to build modular AI data centers at a new 400,000-square-foot Arizona factory called Galleon Forge One.
The factory is expected to create more than 500 jobs.
Production will start with Leviathan, Armada’s megawatt-scale modular data center, this summer.
Armada says bookings grew 540% from FY25 to FY26, and Q1 FY27 bookings were up roughly 2,000% YoY.
When people say data centers use millions of gallons of water, they're describing an old technology. Before, water went into evaporative cooling towers. Warm water pulled heat off the AI chips, then evaporated into the air to shed it. It was effective, but it burned through fresh water continuously, which is where the headline numbers come from today around "data centers use a massive amount of water."
The data centers we revealed at Build today don't work that way. The cooling loop is closed. Water is added once during construction and recirculates indefinitely between the servers and the chillers. No evaporation, no fresh-water resupply!
Satya put the scale in plain terms: a full year of water use is roughly what a single restaurant uses.
Keep in mind that for us, every liter and every watt is an optimization target. The economics and the environment push in the same direction!
If you ever become seriously depressed, try drinking a gallon of water just before you go to bed.
That will give you a reason to get out of bed in the morning.
Adam Carolla says people who make $70M a year are the one flourishing in California
‘There is a kind of a level of wealth that things don’t bother you anymore and people gas is $785 a gallon you know if you make $70M a year what’s the difference between $4 and $5’
‘Alot of this guys don’t care before they suck it up with the wealth tax,when I was growing up in California the idea of moving somewhere else was absurd’
‘And they were like move to Nashville and I’m like what ride house I don’t even know what Nashville is when your from California you don’t even know what Montana is’
We need to halt new Data Centers across Texas. They spike energy and water cost for residents and waste millions of gallons of water and vast amounts of energy! Halt them ALL Now!