PRF Technologies Ltd. Announces GridFeed™ Exploring AI Data Center Market

PRF Technologies Ltd. has announced that its AI-driven energy intelligence and optimization platform, GridFeed™, is exploring the AI and hyperscale data center market as a strategic growth opportunity. This move comes in response to the rapidly increasing electricity consumption of data centers, projected by the IEA to double by 2030, with AI-focused data centers tripling their consumption. GridFeed's existing optimization engine, currently used for renewable energy assets, is believed to be adaptable to help data center operators manage power capacity more effectively. The platform aims to optimize the use of available power by considering factors such as power supply, compute demand, grid conditions, and electricity prices. Potential applications include workload shifting, energy cost optimization, and real-time power allocation. PRF Technologies is establishing GridFeed as a standalone subsidiary to provide it with the flexibility to pursue new markets like data centers and is seeking collaborations with industry partners across the data center ecosystem.