TerraPower Raises $650 Million From Backers Including Nvidia
- TerraPower, the nuclear energy company established in 2006 by Microsoft co-founder Bill Gates, has secured $650 million to support the development of its Natrium reactor project in Wyoming.
- Among the investors in the $650 million financing for TerraPower were Nvidia’s NVentures and returning supporters Bill Gates and HD Hyundai, reflecting increasing interest from the technology sector.
- Last year, TerraPower started work on the non-nuclear components of the Natrium demonstration project and aims to secure reactor regulatory approval by 2026.
- Mohamed Siddeek, head of NVentures, remarked that as artificial intelligence reshapes various sectors, the role of nuclear power will grow increasingly important in meeting the energy demands associated with these advancements.
- This funding milestone positions TerraPower to meet rising demand for reliable, low-carbon energy and complements broader nuclear investments by Google, Microsoft, and Amazon.
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18 Articles
Nvidia Invests in Nuclear Energy Startup Founded by Creepy Bill Gates
Nvidia has joined a $650 million funding round for TerraPower LLC, a nuclear energy startup founded by creepy Bill Gates. The company plans to further develop its advanced reactor project in Wyoming, which could one day contribute to the insatiable power demands of AI datacenters full of Nvidia chips.
ThePatriotLight - Nvidia Invests in Nuclear Energy Startup Founded by Creepy Bill Gates
ThePatriotLight - Nvidia has joined a $650 million funding round for TerraPower LLC, a nuclear energy startup founded by creepy Bill Gates. The company plans to further develop its advanced reactor project in Wyoming, which could one day contribute to the insatiable power demands of AI datacenters full of Nvidia chips. Bloomberg reports that TerraPower, a U.S.-based nuclear innovation company founded by creepy Bill Gates, has announced the succe…
Nvidia backs $650m funding round for Bill Gates’ nuclear firm TerraPower
Nuclear innovation firm TerraPower, chaired by Bill Gates, has raised $650 million in new funding to support the construction of the United States’ first advanced commercial nuclear reactor, with Nvidia’s venture arm, NVentures, among the key investors. The funding, which was announced through a press release, reiterated TerraPower's ultimate aim of providing clean and safe energy. “TerraPower was founded on the idea that innovation in nuclear s…
TerraPower Lands $650 Million Investment
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