AI's energy challenges ... how are the players looking to solve them was the question that infused my podcasts whilst running this week 🏃♂️
🌍 The amount of compute power needed by AI is a massive concern in a time of climate crisis…. It is also a huge cost for major players in the AI field and creates a huge barrier for R&D. The AI market is expected to reach a value close to $1,600 billion by 2030, the need for sustainable solutions is more pressing than ever.
⚡ Et voilà, Helion Energy, Helion is emerging as a pivotal player in the realm of fusion energy. They specialize in developing zero-carbon electricity from fusion, a process where light elements are combined at high temperatures, releasing immense energy. Helion’s approach aims to harness this power efficiently and safely, potentially offering an inexhaustible energy source.
💰 Helion Energy has raised a total of $577.8 million over 7 funding rounds. Investors include Sam Altman, (who has been involved with Helion as an investor and chairman since 2015) Peter Thiel, Dustin Moskovitz, Capricorn Investment Group, Mithril Capital Management. In addition to the $500 million raised in the Series E round, there are commitments for an additional $1.7 billion tied to Helion reaching specific performance milestones.
🤝 Microsoft has formed a partnership with Helion Energy to purchase electricity from their fusion power plant starting in 2028.
📺 I have included a few videos below:
1. How This Fusion Reactor Will Make Electricity by 2024
2. A New Way to Achieve Nuclear Fusion: Helion
3. The problems with Helion Energy – a response to Real Engineering
A New Way to Achieve Nuclear Fusion: Helion
How This Fusion Reactor Will Make Electricity by 2024
The problems with Helion Energy - a response to Real Engineering