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    ICM HPQC News Flash - August 2025

    • ICM
    • Aug 5, 2025
    • 1 min read

    ICM HPQC Fund (“ICM HPQC”) continues to see excitement in the next-generation computing space, with Big Tech pouring massive capital into AI data centre infrastructure. Meta, xAI, OpenAI and others are driving demand for supporting technologies like cooling, chips, and energy efficiency solutions.


    In this newsflash, we cover:

    • Latest news from Meta, xAI and OpenAI on 5GW data centres

    • Matt’s view on data centre cooling

    • Portfolio updates

    • A quick link round-up of what we’ve been reading this month


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