Venture Capital
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️ OpenAI moves to buy fusion energy from Altman-backed Helion
OpenAI is in advanced talks to purchase electricity from Helion Energy, a fusion startup backed by Sam Altman.
The deal could secure 12.5% of output, with about 5 GW by 2030 and up to 50 GW by 2035.
Helion is developing fusion power, aiming to generate energy using the same process as the sun. The company is targeting “scientific breakeven,” where output exceeds input, a milestone not yet reached by any private firm.
Altman has stepped down from Helion’s board and is not involved in the negotiations, though he remains an investor.
@venture
OpenAI is in advanced talks to purchase electricity from Helion Energy, a fusion startup backed by Sam Altman.
The deal could secure 12.5% of output, with about 5 GW by 2030 and up to 50 GW by 2035.
Helion is developing fusion power, aiming to generate energy using the same process as the sun. The company is targeting “scientific breakeven,” where output exceeds input, a milestone not yet reached by any private firm.
Altman has stepped down from Helion’s board and is not involved in the negotiations, though he remains an investor.
@venture
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