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PART ONE: Utah's Torus Secures $500 Million in New Growth Capital, Reaching $767 Million in Reported Financing, as it Launches a New AI Business

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PART ONE: Utah's Torus Secures $500 Million in New Growth Capital, Reaching $767 Million in Reported Financing, as it Launches a New AI Business
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Utah News spotted this story published November 13, 2026 at Utah Money Watch. Full coverage may follow as more sources report.

EXECUTIVE SUMMARY ✅ Salt Lake City-based Torus has raised $500 million in new growth capital, a funding round led by Magnetar, with participation from four other named investors. In total, the company has raised $767 million.

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