Bill Gates' TerraPower Secures $650M from Nvidia and Others to Power AI with Nuclear Energy

In a groundbreaking development for the energy sector, TerraPower, a nuclear energy startup founded by Bill Gates, has raised an impressive $650 million in a recent funding round. The investment comes from a mix of high-profile backers, including Nvidia’s venture capital arm, NVentures, HD Hyundai, and existing investors, as the tech industry seeks innovative solutions to meet the soaring energy demands of the AI boom.

TerraPower, based in the United States, is at the forefront of nuclear innovation, focusing on advanced reactor technology to provide sustainable and efficient power. The company is currently developing a next-generation nuclear reactor in Kemmerer, Wyoming, with plans to secure regulatory approval as early as next year, marking a significant step toward commercializing cleaner energy solutions.

The involvement of Nvidia, a leader in AI and semiconductor technology, underscores the growing intersection between cutting-edge tech and energy needs. Data centers powering AI applications require immense energy, and nuclear power is increasingly seen as a viable, low-carbon solution to meet these demands.

Bill Gates, who has long championed sustainable energy, continues to play a pivotal role in TerraPower’s vision. His investment, alongside contributions from global players like HD Hyundai, highlights the international interest in nuclear technology as a cornerstone of future energy strategies.

This funding round brings TerraPower’s total private capital to over $2 billion, positioning the company as a key player in the nuclear renaissance. As hyperscalers and data center developers show heightened interest, TerraPower’s advancements could redefine how the tech industry powers its future.

The push for nuclear energy also aligns with broader environmental goals, offering a potential path to reduce reliance on fossil fuels. With this substantial backing, TerraPower is poised to accelerate its mission of delivering safe, scalable, and sustainable energy solutions on a global scale.