Demand for electricity is poised to skyrocket, in large part due to data centers and artificial intelligence. One new Vancouver company is looking to change that.

PowerLattice launched earlier this year, with plans to create power-delivery chiplets reducing total computing power needs by 50 percent.

The tech industry is taking notice. The upstart company secured $25 million in its first major round of venture capital funding in November .

“Power is the defining challenge for AI’s future,” Peng Zou, co-founder, CEO and president at PowerLattice, said in a November press release.

Zou said data centers already are hitting power walls and the problem is only going to get worse.

The new power-delivery chiplet is meant to bring energy directly into the computer processor package where the

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