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Microsoft has made the world’s first purchase agreement for nuclear fusion energy, betting that the next-generation technology will be capable of producing electricity at a commercial scale by ...

Microsoft agreed to buy electricity from a fusion power plant being developed by Helion Energy.; Helion said the plant will be online by 2028, sooner than scientists thought fusion would be viable ...

Helion just raised $425 million in fresh funding for its bid to be the first to produce electricity through nuclear fusion. That brings the total investment into Helion to $1 billion, and it's ...

Despite the challenges, Helion claims it will build the world’s first nuclear fusion power plant by 2028 and has already secured a purchase agreement from Microsoft.

Helion is using a different approach by dispensing with the steam turbine. Fuel (deuterium and helium-3) is injected into both ends of the hourglass shaped reactor, then heated to form a plasma.

Helion, whose board is chaired by OpenAI CEO Sam Altman, announced an "oversubscribed and upsized" Series F funding round ...

The latest funding round brings the total investment in Helion to more than $1bn and values the company at $5.425bn post-money. Lightspeed Venture Partners managing partner and co-founder Ravi Mhatre ...

Fusion energy startup Helion has yet to prove it can generate electricity, but that hasn't stopped investors from dumping another $425 million into the venture. This latest round included more cash ...

Helion announced Tuesday a $425 million Series F raise that pushed its valuation $5.245 billion. The startup also flipped the switch last month on its latest prototype, Polaris, which it ...

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.