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The U.S. Is Testing Tiny Nuclear Reactors That Can Go Practically Anywhere

In contrast to other technological advances, the objective for next-generation nuclear reactors seems to be to scale down, not up—an initiative backed by the Department of Energy (DOE). Earlier this month, the DOE announced a conditional agreement made with private firms Westinghouse and Radiant to conduct the first reactor tests at its Demonstration on Microreactor Experiment (DOME) facility, located at Idaho National Laboratory. These experiments, featuring two trailer-sized microreactors, w

Nvidia wants in on the nuclear renaissance, invests in Bill Gates-backed TerraPower

TerraPower, the nuclear startup founded and backed by Bill Gates, announced a new $650 million funding round this week. The investment will help the company build its first commercial power plant. Like other nuclear startups, TerraPower has been riding a wave of interest from hyperscalers, data center developers, and, now, chip designers. Nvidia’s venture arm, NVentures, participated in the round, marking its first energy investment. Bill Gates and HD Hyundai, both already on the cap table, al

Nvidia wants in on the nuclear renaissance, invests in Bill-Gates backed TerraPower

TerraPower, the nuclear startup founded and backed by Bill Gates, announced a new $650 million funding round this week. The investment will help the company build its first commercial power plant. Like other nuclear startups, TerraPower has been riding a wave of interest from hyperscalers, data center developers, and, now, chip designers. Nvidia’s venture arm, NVentures, participated in the round, marking its first energy investment. Bill Gates and HD Hyundai, both already on the cap table, al

Valar Atomics comes out of stealth with $19M and a pilot reactor site

Companies developing small modular nuclear reactors (SMRs) have raised more than $1.5 billion in the past year, as tech companies hunger for power to train AI models and governments decide to commit to the industry. For example, X-energy raised $700 million this month, and Paris-based Newcleo raised $151 million last year, and one would be remiss to not mention the $700 million invested into Oklo, NuScale and Nano Nuclear for similar projects in the U.S. While nuclear fusion still looks relati