Seattle-area company Helion Energy gets $425 million from investors including Sam Altman and Softbank to pursue clean energy's "Holy Grail."
(Reuters) - Helion, a startup working to generate electricity from nuclear fusion, on Tuesday said it has raised $425 million in venture funding from a group of investors including SoftBank Group's Vision Fund 2.
President Donald Trump talked up a joint venture investing up to $500 billion for infrastructure tied to AI by a new partnership formed by OpenAI, Oracle and SoftBank.
The initiative announced by President Donald Trump will aim to "secure American leadership in AI" while also creating jobs and economic benefit.
OpenAI, Oracle and SoftBank formed a new joint venture called Stargate to invest in data centers, building on major U.S. investments in the technology.
Oracle stock jumped after a report that the company is set to invest billions in an AI infrastructure buildout with Trump's backing.
The biggest investment so far in the ChatGPT maker would help cover its commitment to the Stargate AI infrastructure venture.
Oil company Chevron is partnering with Engine No. 1 and GE Vernova to create natural gas power plants in the United States that will be linked to data centers in order to support increased demand for electricity at these centers,
Asian shares are trading mixed after Wall Street’s tech superstars tumbled as a competitor from China raised doubts over the recent artificial-intelligence market frenzy
The rise in popularity of a high-performing and cheaply built Chinese artificial intelligence (AI) model has shaken the confidence of investors, while raising larger questions about the future of
Proud Boys founder Enrique Tarrio and Oath Keepers founder Stewart Rhodes, the latter of which returned to Capitol Hill this week to meet with GOP lawmakers. Trump spoke virtually at the World Economic Forum in Davos,