Browsing: Nuclear

Sept 18 (Reuters) – South Korea and the United States are finalising the implementation of Seoul’s pledged $350 billion investment package under a trade deal struck last year that lowered US tariffs on South Korean goods to 15%.

Ahead of a scheduled meeting in Washington next week between U.S. President Donald Trump and his Chinese counterpart, Xi Jinping, experts are calling for a shared framework between the two countries to mitigate the risks of an AI-triggered cyberattack or nuclear strike. They address a concern similar to the one that’s driven multiple AI industry…

Bluecore Energy announced Tuesday an oversubscribed $50 million seed round — just months after raising a $10 million pre-seed and coming out of stealth. 

Shanghai’s Nuclear Fusion Firms Have Raised USD2.7 Billion Jin Yezi DATE:  2 hours ago /SOURCE:  Yicai audio is not supported! Shanghai’s Nuclear Fusion Firms Have Raised USD2.7 Billion

Today (August 31), Nova Fusion announced that it has officially completed the Pre-A series financing totaling RMB 1.2 billion (covering Pre-A and Pre-A+ tranches). The round saw continued heavy investment from Meituan Longzhu and GL Ventures, while Lenovo Capital and Guozhong Capital joined as new strategic investors with significant capital contributions.

Frontier Nuclear & Minerals Inc. (symbol FNUC) reports a change in its independent registered public accounting firm. De Visser Gray LLP (DVG) resigned as auditor effective August 24, 2026, and this resignation was discussed with management and approved by the Board of Directors on the same date.

The U.S. Department of Energy (DOE) has selected Prometheus, an Idaho National Laboratory-led collaboration, to receive a Phase II award of $60 million over three years, subject to congressional appropriations, under DOE’s Genesis Mission. HiddenLayer said this week it has joined the effort, focused on AI security, including identifying vulnerabilities and protecting models and applications against adversarial threats. Prometheus…

Nuclear power startups have been pitching themselves as the antidote to what ails AI data centers: power that’s always available. Bill Gates-founded TerraPower is one of the latest to throw its hat that into that ring, with Bloomberg reporting that the startup plans to announce its first data center project this year.

After three months of uncertainty, AI nuclear power startup Fermi has finally filled its corner office. Lee McIntire, who’s been sitting on the company’s board as an independent director, just got promoted to CEO – marking the end of a leadership vacuum that started when the company fired co-founder Toby Neugebauer back in May. The…

The National Nuclear Security Administration’s Advanced Simulation and Computing program releases strategy for deploying AI methods in high-security and high-consequence environments.