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Fortune

Jordan Blum

Emerald AI and Nvidia aim to offer a fast pass for data center grid connects, partnering with power producers and raising new funds

Emerald Nvidia Disney Fortune United States

Varun Sivaram, chief executive officer of Emerald AI, at the CERAWeek by S&P Global conference in Houston, Texas, US, on Thursday, March 26, 2026. The event convenes more than 10,000 participants from over 2,350 companies across 89 countries for dialogue on the agenda ahead as the world enters a new era of energy transition. Photographer: Aaron M. Sprecher/Bloomberg via Getty Images (Credit: Aaron M. Sprecher—Bloomberg/Getty Images)

While working at a major renewable energy developer, Varun Sivaram realized that the boom in AI and data centers was outpacing the construction of new power generation, even as wait times for grid interconnections grew longer.

“I realized we couldn’t build our way out of this. We needed intelligent demand,” Sivaram told Fortune.

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