Neara, an Australian energy technology company, has raised $90 million to expand its AI and machine learning products, crucial for the green energy transition. The company's software builds 3D models of networks to identify new capacity and better plan for new generation and data centers, with a focus on addressing challenges faced by power grids in the face of rising electrification and demand from AI and data centers. Traditional methods are no longer sufficient for managing a modern grid, with challenges in grid access and planning affecting sectors like data centers and renewable energy. Data centers present an opportunity similar to renewable energy, with countries needing to address grid issues to benefit. The data center industry is seen as a "space race" with significant potential.