Topic: carbon-free energy
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Amazon-backed nuclear startup X-Energy raises $1B in IPO
X-Energy raised $1.02 billion in its IPO, pricing shares at $23 each,a 21% premium above its marketed range,and began trading on the Nasdaq under ticker XE on April 24, marking the largest IPO by an advanced nuclear company to date. Amazon is central to X-Energy’s trajectory, having led a $500 mi...
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Big Tech Revives Shuttered Nuclear Power Plant
Google has signed a 25-year agreement to revive the shuttered Duane Arnold nuclear plant in Iowa, securing carbon-free electricity for its AI data centers through a partnership with NextEra Energy. This initiative is part of a broader trend where tech companies are turning to nuclear energy to me...
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Aalo Atomics Secures $100M to Develop Microreactor-Powered Data Center
Aalo Atomics raised $100 million in Series B funding to develop microreactor technology for data centers, with its first reactor planned for activation by summer 2026. The company, building on Department of Energy research, aims to produce modular power plants generating 50 megawatts each, promis...
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