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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.

Matt Oliver

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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