While startups from clean tech to semiconductors are benefitting from AI capex, we see interesting business models emerging that increasingly view data centers as integrated AI factory systems that require coordination of everything from power to data movement orchestration. M US Thematics | North America October 9, 2026 04:01 AM GMT M Foundation Venture Vision: Data Center to AI Factory Key Takeaways We see a broadening opportunity set for startups that address various bottlenecks and/or attempt to future- ...