Mitsubishi Electric's ME Innovation Fund Invests in Lucend, U.S. Startup Driving Data Center Operational Optimization

Core Insights - Mitsubishi Electric Corporation has made its fourteenth investment through the ME Innovation Fund in Lucend, a U.S.-based startup focused on optimizing data center operations with an AI platform [1] Investment Details - The investment in Lucend reflects the growing trend of capital investment in data centers, driven by the rapid advancement of digitalization and the adoption of generative AI [1] - The ME Innovation Fund aims to support innovative technologies that enhance operational efficiency in data centers [1]