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Billionaires bankroll the hunt for nuclear energy’s ‘holy grail’

Billionaires bankroll the hunt for nuclear energy’s ‘holy grail’

The massive power demands of AI have triggered a round of frantic deal-making as companies battle for uninterrupted supplies.

In the shadow of an old coal plant in Wyoming, Bill Gates is bankrolling what he hopes is the future of nuclear energy.

Terrapower, a start-up that the Microsoft billionaire started in 2006, wants to build reactors that will bring down the cost of nuclear power to previously unheard of levels.

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The Telegraph London

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Original URL: https://www.afr.com/companies/energy/billionaires-bankroll-the-hunt-for-nuclear-energy-s-holy-grail-20241029-p5km84