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

Here’s a summarized list of the details extracted from the provided information about TerraPower:
Company Details
- Startup: TerraPower
- Founders: Bill Gates (noted as a founder and backer)
Funding Details
- Funding Amount: $650 million
- Funding Round: Latest funding round (specific series not mentioned)
- Date Announced: This week (exact date not mentioned)
Investors
- Main Investors:
- Bill Gates
- HD Hyundai
- NVentures (Nvidia’s venture arm)
Additional Information
- Project: Building its first commercial power plant in Wyoming
- Reactor Design: Natrium (using molten sodium for cooling)
- Electricity Generation Capacity: 345 megawatts
- Storage System Capacity: Produce up to 500 megawatts of electricity for more than five hours
- Projected Total Cost of Reactor: Up to $4 billion (with potential support from the Department of Energy)
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2025-06-20 16:41:06