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Magnetar Leads $500 Million Growth Funding Round for Torus
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Magnetar Leads $500 Million Growth Funding Round for Torus
  • Torus, a U.S. manufacturer of distributed power and compute infrastructure, raised $500 million in growth capital led by Magnetar.
  • Proceeds will expand its GigaOne manufacturing facility and accelerate Torus Reserve and Foundry deployments across the United States.
  • The financing accompanied the launch of Foundry, modular AI inference infrastructure delivering 1-20 megawatts per site within 12-16 weeks.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Magnetar Capital LLC published the original content used to generate this news brief on November 11, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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