Form Energy raises $750M to build more 100-hour batteries for the grid

Form Energy's $750M funding round signals a critical shift in data center infrastructure strategy, as AI-driven electricity demand is creating urgent needs for long-duration energy storage solutions that can operate for 100+ hours. For IT organizations managing or planning data center expansion, this validates the strategic imperative to integrate energy resilience into capital planning, as data centers are projected to consume 20% of U.S. electricity by 2035 and require stable, domestically-sourced power solutions to ensure operational continuity and regulatory compliance. The emergence of viable long-duration battery alternatives using non-critical minerals (iron vs. lithium) reduces supply chain risks and aligns with geopolitical objectives to reduce China dependency in critical infrastructure.