Panasonic Energy gets in on AI demand boom

Japanese supplier envisions $5.5bn in fiscal year sales of batteries for data centers Panasonic's cylindrical lithium-ion batteries are finding a new role as backup power units for data centers. (Nikkei montage/Source photos by Yuya Kakegawa and Panasonic) TOKYO — Panasonic Energy may be best known for supplying batteries for Tesla's electric vehicles, but the Japanese supplier says sales to data centers are now driving its growth.

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