UK's Octopus Energy to spinoff AI unit Kraken at $8.65 billion valuation

  • Posted on December 30, 2025
  • By CNBC
  • 5 Views
UK's Octopus Energy to spinoff AI unit Kraken at $8.65 billion valuation

British renewable energy startup Octopus Energy is set to spin out its AI tech unit Kraken Technologies, as an independent company valued at $8.65 billion.
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