Tech-backed nuclear groups raise $1bn as investors bet on power-hungry AI
Two companies backed by Bill Gates and Sam Altman capitalise on view nuclear energy will be crucial to run data centres
Two companies backed by Bill Gates and Sam Altman capitalise on view nuclear energy will be crucial to run data centres

Start-up aims to capitalise on rising interest in atomic power due to growing power demand from AI

Company taps rising demand for electricity from data centres to power AI boom

Reactor developer closes fundraising round as markets expect atomic energy will power the AI boom

AI power demand and support from Trump administration has boosted the industry

The Tennessee Valley Authority plans to replace a coal-fired plant with multibillion-dollar fusion facility — if it works

The elusive power source is gradually moving closer to becoming a reality