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

Odaily Planet Daily 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, achieving a post-investment valuation of $15.5 billion – nearly three times its previous $543 million valuation. The company is reportedly dedicated to developing nuclear fusion technology capable of powering data centers and other customers. However, it has yet to prove the technology's feasibility for actual power generation. Investors maintain high confidence in its potential, and this funding round will be used to accelerate technological research and commercialization advancements. (The Information)