Tem raises $75M to remake electricity markets using AI

Tem Secures $75M to Overhaul Grid Markets with AI

Another massive funding round for an AI-powered climate tech startup. Tem just landed $75 million to tackle one of the most complex problems in the energy transition: the archaic software running our wholesale electricity markets. Frankly, it's about time. These legacy systems weren't built for the volatility of renewables, and that inefficiency gets passed down to consumers and creates grid instability.

Here's why this matters for us in DevOps and infrastructure: This isn't just another "AI for good" story. It's a direct play to rebuild the core transactional and forecasting engines of the grid—the ultimate distributed system. If Tem succeeds, it means more predictable, resilient, and cost-effective power for the data centers and services we operate. I'm watching this space closely; modernizing this critical backend is a foundational step for everything else we're building.