[Torus Raises $500 Million in Series C Funding, Launches Containerized AI Inference Computing Product] According to a Torus announcement, the Salt Lake City-based energy storage company has raised $500 million in Series C funding, led by Magnetar, with participation from ICONIQ, Origin Ventures, Ridgeline Partners, and Trinity Capital. Torus also launched Foundry, a modular AI inference computing product that integrates power supply, energy storage, cooling, networking, and computing power into prefabricated equipment. Each site can range from 1 to 20 megawatts, with a lead time of approximately 12 to 16 weeks from contract signing to operational deployment. Initial customers include Hydra Host, and the company aims to deploy over 47,000 GPUs by the end of 2027.