Mitsubishi Electric: contract worth 283.1B yen

Mitsubishi Electric: contract worth 283.1B yen

Mitsubishi Electric Invests in AI-Driven Data Center Optimization via Lucend Partnership

Mitsubishi Electric Corporation (TOKYO: 6503) has announced that its ME Innovation Fund has invested in Lucend, a U.S.-based startup specializing in AI-powered data center optimization. This marks the fund's 14th investment to date, reflecting the company's strategic focus on advancing digital infrastructure and sustainability.

The investment aligns with growing global demand for data center efficiency, driven by the expansion of digitalization and generative AI adoption. Operators face increasing pressure to reduce energy consumption, water usage, and carbon emissions while maintaining operational reliability. Lucend's "Transparent AI" platform addresses these challenges by analyzing over 300 billion sensor readings to optimize metrics such as energy efficiency, equipment utilization, and CO2 emissions. The platform integrates with existing infrastructure without requiring new hardware, minimizing operational disruption.

Lucend's technology also enhances predictive maintenance by identifying anomalies—such as chiller temperature fluctuations or UPS efficiency declines—and providing actionable recommendations through a "human-in-the-loop" framework. This approach supports operators in making informed decisions while improving facility uptime. The platform is already deployed across major data centers in cities including Melbourne, Singapore, Paris, and Chicago.

Mitsubishi Electric's ME Innovation Fund has prioritized investments in emerging technologies that align with its long-term business goals. The partnership with Lucend underscores the company's commitment to leveraging AI for sustainable industrial solutions. With data center capital expenditures projected to rise globally, this investment positions Mitsubishi Electric to support evolving market demands while advancing its own operational competitiveness.

Mitsubishi Electric's ME Innovation Fund Invests in Lucend, Yahoo Finance, January 27, 2026.

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