A company called TAR has secured significant funding to support its goals. The investment is a Series A round, totaling $120 million, and it values the company at $1 billion. Spark Capital led this investment round.

The funding is intended to help TAR build off-grid power for artificial intelligence applications. Further details about the company's plans and the investment are available from the source. More information can be found through Business Wire, which reported on the investment and TAR's valuation.