OpenAI founder-backed energy startup Helion completes $465 million funding round, led by Thrive Capital

Odaily news - Helion, a nuclear fusion energy startup backed by OpenAI founder Sam Altman, announced the completion of a $465 million funding round led by Thrive Capital, with a post-investment valuation of $15.5 billion — nearly triple its previous valuation of $543 million. The company is developing nuclear fusion technology to power data centers and other customers, though it has yet to prove the feasibility of its technology in actual power generation. Investors remain highly confident in its potential, and this round of funding will be used to accelerate technology R&D and commercial advancement. (The Information)