FLOWBOX vs Siemens

FLOWBOX Listed in Eight Gartner Hype Cycle Reports in 2026

FLOWBOX appears in eight Gartner Hype Cycle reports for 2026, covering energy management, manufacturing, microgrids, data centers and smart cities.

Skeleton Technologies hits $1B valuation with Siemens backing

Siemens has announced a strategic investment in Estonian energy storage company Skeleton Technologies, leading a new funding round that values the company at over $1 billion (over €899 million), making it a unicorn. The exact amount was not disclosed, but CEO Taavi Madiberk described it as a "nine-digit investment round" (at least $100 million). As part of the deal, Siemens will become the exclusive worldwide distributor of Skeleton's products in the data center market, integrating its supercapacitors into Siemens' electrical infrastructure portfolio. These supercapacitors address power spikes from AI data centers, offering up to 40% energy savings. The fresh capital will primarily be used to expand US manufacturing and R&D, including a dedicated cell manufacturing facility. Building on a long-standing partnership, the companies will develop power systems for next-generation AI data centers, addressing challenges like rapid load swings and harmonics. Skeleton's proprietary Curved Graphene technology aims to improve energy efficiency and GPU performance, reflecting a broader trend of European startups funding AI infrastructure. The deal is subject to customary closing conditions.

• Siemens made a strategic nine-digit investment in Skeleton Technologies, valuing the company at over €899 million ($1 billion).
• Siemens becomes the exclusive worldwide distributor of Skeleton's products in the data center market.
• Skeleton's supercapacitors claim up to 40% energy savings for AI data centers.

Siemens CEO warns against excessive AI regulation

Siemens CEO Roland Busch said he supports AI's positive effects and warned that excessive regulation from Brussels could slow technological progress. Speaking to Welt am Sonntag, Busch argued that EU rules like the proposed AI Act or Data Act may take years to pass while AI models evolve rapidly, leaving regulation behind. He also said the current AI boom is not a bubble and noted Siemens' strong demand for AI-related data center business, particularly in the U.S. Busch cautioned against broad tariffs on China, praising Chinese competitors' engineering and rapid adoption of new technologies.

• Siemens CEO Roland Busch warned that too much regulation could slow AI development.
• Busch told Welt am Sonntag that the AI boom is not a bubble and that investments are coming from companies with significant cashflow.
• Siemens has benefited from high demand for AI-related data center solutions, especially in the U.S.

CISA: Hackers Hit 100+ U.S. Water Systems in July

The U.S. Cybersecurity and Infrastructure Security Agency (CISA) reported that more than 100 internet-exposed systems in the U.S. water and wastewater sector were targeted by cyberattacks in July. The attacks largely targeted programmable logic controllers (PLCs) from multiple manufacturers — including Rockwell, Schneider Electric, and Siemens — and relied in part on AI tools to produce scripts capable of exploiting vulnerable PLCs. While the intrusions have caused outages and disruptions during investigations, they have had little effect on water supplies. U.S. officials say intelligence points to Iran as the likely actor but have not made a definitive attribution. The incidents raise broader concerns about the cybersecurity and resilience of U.S. critical infrastructure.

• CISA observed cyberattacks targeting over 100 internet-exposed systems across the U.S. water and wastewater sector in July.
• Attackers largely targeted programmable logic controllers (PLCs) made by manufacturers including Rockwell, Schneider Electric, and Siemens.
• CISA said the cyberattacks relied in part on AI tools to develop scripts capable of targeting vulnerable Siemens PLCs.