It happens in every emerging industry: founders and investors push toward a common goal, until the money starts to roll in and that shared vision begins to diverge. Cracks are emerging in the fusion power world, which I saw firsthand at The Economist’s Fusion Fest in London last week. It …

The Energy Information Agency (EIA) told two U. Senators that it plans to require data centers to disclose details about their energy use, according to Wired. The development comes a month after Sens. Josh Hawley and Elizabeth Warren sent a letter asking the EIA to gather data on data centers. …

Nuclear startup X-energy began its investor roadshow Wednesday as it works toward its IPO, setting its target price between $16 and $19 per share, according to documents filed with the U. Securities and Exchange Commission. If it lists at the high end, the startup could net about $814 million. X-energy …

Fusion power startup Inertia Enterprises said on Tuesday that it has signed three agreements with the Lawrence Livermore National Laboratory (LLNL) to help bring the laser-based fusion reactor pioneered at the Californian lab to market. The deals could give Inertia a boost over rival startups. The National Ignition Facility (NIF) …

Over the last several years, fusion power has gone from the butt of jokes — always a decade away! — to an increasingly tangible and tantalizing technology that has drawn investors off the sidelines. The technology may be challenging to master and expensive to build today, but fusion promises to …

Ascend Elements said on Friday it has started Chapter 11 bankruptcy proceedings in the U. , a heavy blow to investors who had sunk nearly $900 million into the company. Linh Austin, Ascend’s CEO, announced the decision in a post on LinkedIn late Thursday night. He said the company faced …

In 2022, California announced that it wanted to install 6 million heat pumps by 2030. So far, it has only installed about 2. 3 million, which means to make that goal, it would need to average about 2,000 installs per day for the next five years. Hitting that target could …

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Who doesn’t love a good round of FOMO? From dot-com to Web 2. 0, virtual reality to blockchain, the tech industry has had its share of being too afraid to miss out on a trend. The AI bubble is the big daddy of them all. Its first offspring — the …

Commonwealth Fusion Systems said on Thursday it would sell high-temperature superconducting magnets to Realta Fusion, the second in a string of deals that suggests the company will lean heavily on its magnet technology in the coming years to bring in much-needed revenue. “It’s the largest deal of this kind to …