Mitsubishi Electric's ME Innovation Fund Invests in Lucend, U.S. Startup Driving Data Center Operational Optimization
Businesswire·2026-01-27 03:00
TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that its ME Innovation Fund has invested in Lucend, a U.S.-based startup that provides an AI platform to optimize data center operations. This is the fund's fourteenth investment to date. The rapid advancement of digitalization, including the widespread adoption of generative AI, has accelerated capital investment in data centers worldwide. Meanwhile, data center operators are being increasingly required to en. ...