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The Nuclear Regulatory Commission (NRC) gave TerraPower the go-ahead this week to build a new nuclear reactor in the shadow of an aging coal power plant in Wyoming. TerraPower’s permit is the first to be issued by the NRC in nearly a decade. The startup — founded by Bill Gates in 2015 and backed by…
TerraPower, the nuclear startup founded and backed by Bill Gates, announced a new $650 million funding round this week. The investment will help the company build its first commercial power plant. Like other nuclear startups, TerraPower has been riding a wave of interest from hyperscalers, data center developers, and now chip designers. Nvidia’s venture arm,…