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